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Free Articles , Latest Tax News & Updates

New features of Form GSTR-2B & GSTR-3B made available to taxpayers under QRMP Scheme

GST updates
The new features related to filing of Statement/ Returns by taxpayers under QRMP Scheme, for the quarter Jan-Mar., 2021, which...
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Deduction in respect of certain donations for scientific research or rural development

Income Tax Act
Section - 80GGA, Income-tax Act, 1961-2020 80GGA. (1) In computing the total income of an assessee, there shall be deducted, in...
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Auction for Sale (Re-issue) of ‘3.96% GS 2022’, and ‘5.85% GS 2030’ and ‘6.76% GS 2061’

Ministry of Finance
Ministry of Finance The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘3.96% Government Security, 2022’ for...
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CCI approves acquisition of shareholding in Magma Fincorp Limited by Rising Sun Holdings Private Limited and Mr Sanjay Chamria and Mr Mayank Poddar

Ministry of Corporate Affairs
Ministry of Corporate Affairs The Competition Commission of India (CCI) approves acquisition of shareholding in Magma Fincorp Limited by Rising...
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Deductions in respect of rents paid

Income Tax Act
Section - 80GG, Income-tax Act, 1961-2020 80GG. In computing the total income of an assessee, not being an assessee having...
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Deduction in respect of donations to certain funds, charitable institutions, etc.

Income Tax Act
Section - 80G, Income-tax Act, 1961-2020 80G. (1) In computing the total income of an assessee, there shall be deducted, in...
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