Exploring the New Form 10B and 10BB for A.Y 2023-24 Onwards

NGO

Exploring the New Form 10B and 10BB for A.Y 2023-24 Onwards Introduction Every year, the Indian government introduces changes and updates in the income tax filing process to ensure better compliance and transparency. One such notable change for the Assessment Year (A.Y) 2023-24 onwards is the revamped Form 10B and the introduction of Form 10BB. […]

Interplay of TDS/ TCS requirements on trading business

Introduction Finance Act, 2021 has introduced Section 194Q with effect from 1st July, 2021. Briefly about Section 194Q Who needs to comply: Buyer of Goods having total sales, gross receipts or turnover from the business of more than ₹ 10 crores during financial year immediately preceding the financial year in which purchase of goods is […]

Finance Act 2021

Attached is the copy of Finance Act 2021 as approved by both houses and received accent of the President.