Old VS New Tax Regime
Prompt Advisory
July 07, 2020
The Finance minister gave taxpayer a choice between the old and new tax regime, leaving it to them to decide which they would like to opt fo...
Tuesday, July 7, 2020
Saturday, July 4, 2020
Know the new rules for TDS on cash withdrawals
Prompt Advisory
July 04, 2020
Now Cash withdrawal more expensive……Time to go cashless. In order to tighten the noose on those who don’t file income tax returns (ITR) desp...
Thursday, July 2, 2020
CBDT notifies revised Form 26 AS to have details of Tax proceeding
Prompt Advisory
July 02, 2020
As per CBDT notification on 28 th May 2020, Form 26AS is an annual consolidated income tax credit statement. It helps the taxpayer to ascer...
Wednesday, July 1, 2020
Order u/s 119 of The Income Tax Act, 1961 on issue of certificates for lower rate/nil deduction/collection of TDS or TCS u/s 195, 197 and 206C (9)
Prompt Advisory
July 01, 2020
Notification/Circulars – Order u/s 119 of The Income Tax Act, 1961 on issue of certificates for lower rate/nil deduction/collection of TDS o...
MSME Growth Engine
Prompt Advisory
July 01, 2020
Update on New MSME definition based on investment and Turnover On 1 st June Monday, the Union Cabinet has revised the MSME defini...
Thursday, June 25, 2020
Due date extended
Prompt Advisory
June 25, 2020
Here is some good news from CBDT notification dated 24.06.2020, where Income Tax compliance dates are again Extended, following are recent e...
Wednesday, June 24, 2020
Investment Planning
Prompt Advisory
June 24, 2020
How to plan your Investment In today’s lifestyle it has really become difficult to plan our Investment which can help us in tax saving and...
