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IT ammendment

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answered on 05-Feb-23 17:17

How to access amendments for IT n CORPORATE LAW

latest answer

Income Tax - Video already available our youtube channel. https://youtu.be/aPMuSDyN0x4 Law will be available in about 2 weeks time.

Reetikaa R

Reetikaa R

CA Final

7K+

3

331

Results

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answered on 09-Feb-23 15:38

At last I cleared my CA Foundation so I was very thankful to the faculty, seniors and friends under this app so they helped me a lot during my preparation so I would like to thank all those people and under this app is very much useful for us Thank you for all your hard work on this. ... Thanks again, we couldn't have pulled this off without you. ... Thank you, you're amazing! ... I'm so thankful for everything you bring to the team. ... Thank you kindly. Now i can proudly change the caption from ca foundation to ca intermediate.......

latest answer

Congratulations. Keep working and achieve greater heights.

Balachandar S

Balachandar S

CA Inter

59K+

12

426

Procedure for Surrender of exemption

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answered on 15-Feb-23 15:00

Can any one guide me the procedure for surrendering exemption .

latest answer

Thank you Soo much sir,for your precious reply

Eswar K

Eswar K

CA Final

125

4

530

RTI related

Others

answered on 02-Feb-23 14:34

Sir can I apply for verification through ICAI and later can I apply for my copies in RTI?

latest answer

Ok sir

Prasad Ramasamy

Prasad Ramasamy

CA Final

4K+

2

298

CMA New syallabus

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answered on 05-Feb-23 18:24

What was the latest update on CMA inter new syallabus... Does it changed...or not...

latest answer

It was changed those who are registering they will be going to join in new syllabus only. Exams foe new syllabus will started from this June attempt. Those who are in old syllabus for them this year December will be last attempt. From next all are will be under new syllabus.

Vivek Guttha

Vivek Guttha

CMA Inter

220

4

375

section 271 d

Others

answered on 02-Feb-23 08:37

There is any time limit for impose penalty u/s 271 (D) r.w.s 275.

latest answer

within the end of financial year in which proceedings, during the course of which action for imposing penalty were initiated, gets completed or within the end of six months from the end of the month in which penalty proceedings were initiated, whichever is later

Elavarasi B

Elavarasi B

CA Inter

46K+

5

340

Budget..

Others

answered on 01-Feb-23 13:24

*Part B of Honourable Finance Minister speech in Budget 2023* *Indirect Taxes* 1. Customs duty on goods of textiles, toys, bicycle reduced from 21 to 13% 2. To promote Green Mobility - basic customs duty concession for lithium ion battery 3. To promote Electronics manufacture- relief on customs duty for camera lens and lithium battery 4. Television - TV panels customs duty reduced 5. Electric kitchen chimney to reduce inverted duty structure from 7.5 to 15 percent 6. Benefit for ethanol blending program and acid program and epichlorohydrine 7 Marine Products- to promote exports - shrimps, etc. Duty on shrimpfeed reduced 8. Basic Customs duty reduced for seeds in manufacture for diamonds 9. Customs duty to increase in silver bars 10. Steel - concessional customs duty on steel and ferrous products 11. Copper - concessional customs duty on copper 12. Rubber - concessional customs duty on rubber 13. Cigarettes - increased tax *Direct Taxes* 1. Common IT form and grievance redressal system 2. MSME - avail benefit of presumptive taxation increased to 44AD to 3 crores Professionals u/s 44ADA - 75 lakhs Provided receipt in cash doesn't exceed 5% 3. TDS only on payment for deduction 4. Co-operatives tax -15% Higher limit of 2 lakh per member for cash deposit in agricultural banks Higher limit of Rs. 3 crores on TDS for cooperative societies 5. Startups To avail startup benefits from 31-03-2023 to 31-03-2024 6. 100 new joint commissioners for appeal 7. S.54 to S.54F capped at 10 crores 8. TDS on Online gaming - 9. TDS 30% to 20% on taxable portion of EPF 10. Extending funds for GIFT and IFSC *Personal Income Tax* 1. Rebate for income upto 7 lakhs u/s 87A in the new tax regime 2. New tax regime from 0-3 lakhs nil 3-6 lakhs- 5% 6-9 lakhs 10% 9-12 lakhs 15% 12-15 lakhs 20% Above 15 lakhs- 30 % 3. Standard deduction for new tax regime for Rs. 15.5 lakhs or more -52,500 4. Reduction of highest surcharge from 37% to 25% on new income tax regime 5. Limit on tax exemption for leave encashment is increased from 3,00,000 to 25,00,000 6. New income tax regime default regime For our reference only...

latest answer

No worries. :)

Balachandar S

Balachandar S

CA Inter

59K+

3

340

About certified copies through rti

Others

answered on 01-Feb-23 16:21

In nov 22 attempt I got 40 in tax and i passed But in certified copies marks are 39 is it lead to any problem

latest answer

Thank u

Bhagyesh Rama

Bhagyesh Rama

CA Final

11K+

10

396

Economic survey 2022-23

Others

answered on 31-Jan-23 22:39

Today we have received The report card of economy fin year 2022-23 https://www.indiabudget.gov.in/economicsurvey/

latest answer

Thanks for the information.

Mansha Tutlani

Mansha Tutlani

CA Final

555

1

365

chapterwise sale

Others

answered on 31-Jan-23 07:02

sale will end tomorrow ???

latest answer

They will give a notification in this app at that time sale is going to an end ...,

Ansh Rajput

Ansh Rajput

CA Inter

1K+

3

347