CA Sanjay KabraJul 3, 20203 min readFAQs on Section 44ADA under Presumptive Taxation for ProfessionalsTo provide the relief to the small taxpayers, the government has issued the presumptive scheme. Because the maintaining the books of...
CA Sanjay KabraJun 7, 20202 min readLimited Liability Partnership (LLP) Compliance at a Glance Filing of Annual Return Filing of Income Tax Returns Books of Account Annual Return Filing: In LLP, a person should file two types of MCA...
CA Sanjay KabraFeb 1, 20201 min readBudget 2020Some points to be noted with regards to Direct Tax * Proposed Direct Tax Reforms* * New Simplified Personal Income Tax Regime for...
CA Sanjay KabraJan 13, 20202 min readNew Forms - ITR 1 and ITR 4, points to be taken care off!!1) Filing of ITR required only PAN and Aadhaar numbers, which are interlinked, so far. But now onwards, both ITR-1 and ITR-4 forms...
CA Sanjay KabraJan 2, 20202 min readNew Penalty introduced U/s 270A, How to deal with it!!Dear Colleagues Normally whenever there is an addition in the case of assessment order and the penalty is initiated we prefer going to...
CA Sanjay KabraDec 27, 20193 min readCorporate Tax Rates applicable for AY 2020-21 (FY 2019-20)A. For All Existing Domestic Companies [As per section 115BA]: Particular Income Tax Companies with Turnover in 2017-18 upto ₹ 400 crores...