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Deduction under section 54 allowed for property purchased in the name of spouse- ITAT Delhi

By Taxwink Team | 15 Jan,2024

Deduction under section 54 allowed for property purchased in the name of spouse- ITAT Delhi  ....

Penalty for non-filing of Tax Audit Report- Section 271B

By Taxwink Team | 15 Jan,2024

Penalty for non-filing of Tax Audit Report- Section 271B   As per the provisions of Income Tax Act,....

What is Term Insurance? Definition & Meaning

By Taxwink Team | 13 Jan,2024

What is Term Insurance? Definition & Meaning   I have observed in my professional life that the....

What is a Bill of Supply under GST?

By Taxwink Team | 13 Jan,2024

What is a Bill of Supply under GST?   As per the GST laws, every registered person is required to i....

Mandatory to show 6-Digit HSN Code in E-invoices for Taxpayers with annual turnover of INR 5 Crores and above from December 15, 2023

By Taxwink Team | 13 Jan,2024

Mandatory to show 6-Digit HSN Code in E-invoices for Taxpayers with turnover of INR 5 Crores and above from De....

Rule-46A- Invoice cum Bill of Supply

By Taxwink Team | 12 Jan,2024

Rule-46A- Invoice cum Bill of Supply   According to GST law, every registered person under GST is r....

LEI registration made compulsory for Income Tax Refunds over Rs. 50 Crores

By Taxwink Team | 12 Jan,2024

LEI registration made compulsory for Income Tax Refunds over Rs. 50 Crores   The Income Tax Departm....

Documents for which E-invoicing is compulsory

By Taxwink Team | 11 Jan,2024

Documents for which E-invoicing is compulsory   Every business entity is required to issue various....

PPF Account for Minors: Eligibility, documents required and Taxation

By Taxwink Team | 11 Jan,2024

PPF Account for Minors: Eligibility, documents required and Taxation   Public Provident Fund aka PP....

The Pros and Cons of Trading Penny Stocks

By Taxwink Team | 09 Jan,2024

The Pros and Cons of Trading Penny Stocks     If a company is too small in size so as t....

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