Income Tax update – Withdrawal of 2000 denomination and deposit and/exchange notes until September 30,2023 (Part 2)Recent Judicial precedents on 2016 demonetisation for cash depositor

Income Tax update – Withdrawal of 2000 denomination and deposit and/exchange notes until September 30,2023 (Part 2)
Recent Judicial precedents on 2016 demonetisation for cash depositor

Thursday, May 25, 2023
A. Withdrawal of cash and deposited back during demonetisation In case of M. Natarajan facts was that assessee made cash...
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How will RBI’s new notification impact the use of credit cards for expenses when you are abroad and how tax will be collected at source?

How will RBI’s new notification impact the use of credit cards for expenses when you are abroad and how tax will be collected at source?

Monday, May 22, 2023
A. What is notified? The notification dated 16th May 2023 removed the exemption given to the use of international credit...
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Income Tax updateRBI decided to withdraw 2000 denomination (Part 1)Will banks be required to report cash deposit transactions to the income tax department?

Income Tax update
RBI decided to withdraw 2000 denomination (Part 1)
Will banks be required to report cash deposit transactions to the income tax department?

Monday, May 22, 2023
In pursuance of the "Clean Note Policy" of the Reserve Bank of India, it has been decided to withdraw the...
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Upcoming Income Tax due dates-For Companies (Reporting of issuance of Share/Bonds/Debentures and Dividend declared)-For Trust (Reporting of donation received and Accumulation of Income)

Upcoming Income Tax due dates
-For Companies (Reporting of issuance of Share/Bonds/Debentures and Dividend declared)
-For Trust (Reporting of donation received and Accumulation of Income)

Wednesday, May 10, 2023
1. Reporting by Company of specified financial transaction (SFT) For keeping a watch on the high-value transactions done by the...
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