income tax

Income Tax Consultancy Firm in Bangalore

Certicom – A Group of well-qualified tax consultants in Bangalore offer  Taxation services for all kind businesses, entrepreneurs, and corporate: Direct Tax – Income TAX Indirect Tax –GST & Miscellaneous Taxes Registration – GST, TAN, PAN for new business Periodic compliance – Return filing for GST, TDS GST Framework –…

Applicability of Tax Audit

Applicability of Tax Audit & Related Income Tax Provisions Review of records of specific people carrying on business or calling The motivation behind Tax Audit is to guarantee that books of Accounts have been kept up as per the arrangements…

GST Transitional Claims

GST Transitional Claims of Over Rs 1 Cr to be Scrutinised While tax collections in July were Rs 95,000 cr, transitional credit claims are Rs 65,000 cr As much as Rs 65,000 crore out of the nearly Rs 95,000 crore…

IT returns deadline

IT returns deadline extended  On Monday The income tax (IT) department extended the deadline for e filing of returns by five days, till August 5, after complaints were received that assessees were not able to submit returns.   The department had…

EPF pensioners may get medical benefits. How to Claim it

Medical benefits scheme for all pensioners The Government is planning a health advantages plot for all retired pensioners who are individuals from Employees’ Provident Fund (EPF).The government will likewise constitute an abnormal state council to patch up the Employees’ Pension…

Threshold Limit

Threshold Limit for Tax Audit for the AY 2017-18 Yet tax audits for the AY 2016-17 are on their way and to finish before 30.09.2016 but we need to also keep in mind threshold limit applicable for the AY 2017-18…

When You Might Get Audited by Tax Officers?

Tax Audit under GST Products and Service duty or GST will be one expense to subsume all charges. It will acquire the “One country one expense” administration. To keep up a check and analyse whether amend GST is being paid…

Registering under GST?

Can Unregistered Persons Claim ITC of Excise Duty by Registering under GST? Registering under GST: Under the present extract tax, just makers with a turnover above Rs. 1.5 crores are required to enlist and pay extract obligation. Under GST, this…