CA ALOK KUMAR

Various Threshold Limits under the Income Tax Act for AY 2023-24

By CA ALOK KUMAR January 9, 2024Income Tax Act 1961, ITR Filing, ITR Filing Due Date, Tax Filing In IndiaNo Comments

Various Threshold Limits under the Income Tax Act [AY 2023-24] S.N.ParticularsThreshold LimitsA.Basic Exemption1.Maximum amount of income which is not chargeable to Income-tax in case of Individual, HUF/ AOP/ BOI/ Artificial…

High-Value Transactions – Compliance & Reporting to Taxman in India

By CA ALOK KUMAR January 9, 2024AIR, AIS, High Value Transaction, SFT, TISNo Comments

High-Value Transactions - Compliance & Reporting to Taxman in India

SCN – Show Cause Notice under GST Law in India

By CA ALOK KUMAR December 30, 2023CGST Act, CGST Delhi, GST, GST Assessment, GST Audit, GST Collection, Income Tax Act 1961No Comments

SCN - Show Cause Notice under GST Law in India

The Growth of GST Collection in June 2023

Query – Is GST applicable on commission income in India?

By CA ALOK KUMAR December 30, 2023Central Board Of Indirect Taxes & Customs, GST, GST Assessment, GST Invoice, GST on Commision2 Comments

Query - Is GST applicable on commission income in India?

UDGAM Portal by RBI: Central Hub to Search Unclaimed Bank Deposits

By CA ALOK KUMAR December 28, 2023RBI, UDGAM, UDGAM-RBI, Unclaimed Bank Deposits, Unclaimed FD, UnclaimedDepositsNo Comments

UDGAM Portal by RBI: Central Hub to Search Unclaimed Bank Deposits

Sovereign Gold Bond Scheme 2023-24 (Series III) will be opened for subscription during the period December 18-22, 2023

Sovereign Gold Bonds: A Premier Investment Option for Residents in India

By CA ALOK KUMAR December 18, 2023Income Tax, Income Tax Act 1961, Income Tax Department, Income Tax Order, source of incomeNo Comments

Sovereign Gold Bond Scheme 2023-24 (Series III) will be opened for subscription during the period December 18-22, 2023

What are steps for foreigners looking to start a Pvt. Ltd. in India?

What are steps for foreigners looking to start a Private Limited company in India?

By CA ALOK KUMAR December 16, 2023Company Formation in India, FDI, Foreign Direct InvestmentNo Comments

What are steps for foreigners looking to start a Pvt. Ltd. in India?

What is Advance Tax in India and Who Needs to Pay It?

By CA ALOK KUMAR November 26, 2023Advance Tax, Advance Tax Due Date, Challan 280, Tax Filing In IndiaNo Comments

What is Advance Tax in India and Who Needs to Pay It?

GST Case Law : Resolving ITC Discrepancies and Transitioned Credits – Allahabad and Madras HC Rulings

By CA ALOK KUMAR November 26, 2023Income Tax Act 1961No Comments

Two recent GST case law developments have significantly favored the assessee in matters concerning Input Tax Credit (ITC). These cases highlight crucial interpretations of the GST Act provisions and are…

How do I report Cryptocurrency gains in my Income Tax Return?

By CA ALOK KUMAR November 25, 2023BitCoin, CryptoCurrency, Profit on CrptoCurrency, Tax on CryptoCurrency, VDA, Virtual Digital AssetNo Comments

How do I report Cryptocurrency gains in my Income Tax Return?