By FCS DEEPAK P. SINGH [Bsc.FCS, LLB, AIII, CRMP]: Dear Friends, As you are aware that for benefits of Individuals and HUFs the RBI with consultation of Central Government brought Liberalized remittance Scheme. Under LRS Scheme, an Individual person who is resident in India as per FEMA is permitted to remit outside India fund up to US$ 2,50,000 per financial year (April to March)… Read More ...

By FCS DEEPAK P. SINGH [Bsc.FCS, LLB, AIII, CRMP]: Dear Friends, As you are aware that the pandemic has changed user patterns and increased usage of mobile phones and other electronic devices. When it comes to online gaming, industry leaders have their eyes set on the Indian market which is highly attractive considering the volume and growth potential. We have witnessed surge of various… Read More ...

By FCS Deepak P. SIngh[ B.Sc., LLB, FCS, AIII, CRMP]: Dear Friends, The Budget 2023-24 has brought some important changes related to payment of due of MSMEs. The Government has inserted Clause (h) in Section 43B and made deduction of payment to the MSMEs on actual payment basis. Regards Read More ...

By FCS DEEPAK P. SINGH [Bsc.FCS, LLB, AIII, CRMP]: Dear Friends, In this article we are going to discuss main changes brought by BUDGET 2023-24 in GST Act, 2017. Regards Read More ...

By FCS Deepak P. SIngh[ B.Sc., LLB, FCS, AIII, CRMP]: Dear Friends, As you are aware that Hon’ble Finance Minister has presented Union Budget 2023 on 1st February, 2023. The budget is a progressive and development oriented budget. The FM has considered all sectors of the country in the budget. The Government has taken care of Agriculture, Infrastructure, Defense, Digital India , Health and Education… Read More ...

By FCS DEEPAK P. SINGH [Bsc.FCS, LLB, AIII, CRMP]: Dear Friends, As you are aware that common man/middle class a group of the most hardworking ,who pay their taxes to the government honestly has got their dues after a period of 8 years from MODI Government. We are waiting for these tax breaks eagerly far long time. In this year Budget Speech, the Honorable… Read More ...

By Mayank Mohanka, FCA, Partner S M Mohanka & Associates & Founder Director, TaxAaram India Pvt Ltd: This unique Poem authored by Shri Mayank Mohanka, FCA, beautifully captures the aspirations and expectations of the common man, middle class, salaried class and businesses, from the upcoming Union Budget 2023. Just Read it to feel and cherish this poetic marvel, resonating so realistically, your own Budget aspirations and expectations. Read More ...

By AIFTP: The Hon’ble Union Law Minister Shri Kiren Rijiju visited the Hon’ble Income-tax Appellate Tribunal (ITAT) on January 15, 2023 to interact with the stakeholders of the ITAT. Hon’ble Law Minister interacted with the Senior Advocates, Mr. Porus Kaka, President ITAT Bar Association Mumbai, Dr. Y. P. Trivedi, Mr. Phiroz Andyarujina, Mr. Percy Pardiwala and Dr.… Read More ...

By Anadi Varma: THE RECENT TREND OF CHALLENGING VALIDITY OF NOTICES OR INTERMEDIATE QUASI JUDICIAL DECISIONS WHILE IN PROCESS OF ADJUDICATION OF TAX LIABILITY THROUGH WRIT PETITION ROUTE IS EXAMINED IN THIS ARTICLE. Read More ...

By CA Milind Wadhwani : Deduction u/s. 80P can't be denied merely for non filing of ITR Read More ...