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How to fIle Form MGT 7 in Transission of Small company as Holding or Subsidiary Company During Reporting Financial Year? Know more

Yogitha S. Yogesh

When a small firm becomes a holding or subsidiary company during a reporting fiscal year, the classification change will impact the annual return ...

Income Tax Dept Sending Copy-Paste Responses to Grievances? Individual Shares 'Proof' on ‘X’

Income Tax Payers Receive Demand Intimation Orders Despite Utility Tool Permitting S.87A Rebate on...

Mixed Reactions - Budget 2024-25 - Social Media - One Line Reactions - X - taxscan

Mixed Reactions to Budget 2024-25 on Social Media: Know the One-Line Reactions on ‘X’ [Read Bill]

GST Portal “Last Date” Glitch: GSTR-1 Filers and Professionals under Undue Distress, GST ITC claims...

Discrimination Taxation: Is Pink Tax a boon or bane?

In July 2018, Burger King’s several outlets in Miami, New York and other cities in the US sold a different variety of regular chicken fries to female customers. The only difference was that it was...

Pink Tax - Gender based pricing - Chick Fries controversy - Discrimination in pricing - Burger King pink packaging - taxscan

Income Tax Dept issues Clarification on Sending of Notices to Taxpayers who already filed ITR

The Income Tax Department, in a corrective measure, has issued a clarification on X, following the concerns raised by honest taxpayers who received notices from the department after duly filing their...

“CA” Branded Shoes: ICAI issues Legal Notice seeking 1 Cr Compensation from Proprietor for Trademark Violations

The Institute of Chartered Accountants of India (ICAI) has issued a legal notice to the proprietor, who allegedly manufactured shoes bearing the “CA” Logo, seeking compensation to the tune of Rupees...

CA Branded Shoes - ICAI issues Legal Notice seeking - ICAI issues Legal Notice - Legal Notice seeking - ICAI issues - TAXSCAN

GST Portal Crashed for Few Hours amidst Last Date of filing of GSTR-1: Twitter Flooded with Complaints from Tax Professionals

Tax experts have consistently raised issues concerning the Goods and Services Tax (GST) Portal for several hours. Today, which marks August 11, 2023, is the final day for submitting GSTR-1. Social...

'Rs. 5000 Fee for a CA to file ITR is too much' statement goes Viral in Twitter; Let's check the Facts

The Income Tax Returns (ITR) filing of non-audit cases has come to an end. Tax professionals had to endure sleepless nights, dealing with a large number of cases, navigating issues with income tax...

Fee for a CA - Fee - ITR - Twitter - statement goes Viral in Twitter - Fee for a CA to file ITR - taxscan

Income Tax Dept updates Over 4 crores ITR Filing Till Date

The Income Tax Department has updated that over 4 crores Income Tax Returns are filed till date. The due date to file the return is 31st July 2023. However there is no hint given from the government...