Deduction for Interest on loan taken for residential house property
Introduction: Section-80EE of the Income Tax Act, 1961 prescribes for deduction towards interest on loan ta....
Deduction for Medical Treatment of Specified Diseases under section 80DDB
Introduction Section-80DDB of the Income Tax Act, 1961 provides for deductions for expenditure incurred tow....
Deduction for Interest paid on Education Loans under Income Tax Act
Introduction: Expenditure on higher studies and technical courses like MBA, Engineering, and Medical etc. now....
CBIC issues Notification No. 50/2020 making rules further to amend CGST Rules, 2017
CBIC has issued Notification No. 50/2020 dated 24th June, 2020 which makes rules further to amend CGST Rule....
CGST waives/caps GST late Fees for the months Feb. 20 to July 20
CBIC has issued Notification No. 57/2020 dated 30th June 2020 wherein it has allowed relaxation from Lat....
Government announces for "Udyam Registration" for MSMEs w.e.f. 1st July 2020
The Central Government, after obtaining the recommendations of the Advisory Committee, has notified certain cr....
CBIC extends timelines for various compliance falling due between Mar. 20
CBIC extends the due date of compliances falling due during the period from March 20th 2020 to Augus....
CBIC further extends the time limit of passing order under section 54(7) of CGST Act
• CBIC had earlier issued Notification No. 46/2020- Central Tax dated 09-06-2020 to deal with....
CBIC issues clarification in respect of reduction of interest & waiver of late fees for GSTR-3B for Feb. 20 to July 20
CBIC has issued clarification with respect to relief provided to the taxpayers in terms of reduction of i....
CBIC provides relief by lowering interest rate for period February 2020 to July 2020
CBIC vide its Notification No. 51/2020- Central Tax dated 24-06-2020, has provided relief by lowering of the i....