Daily digest for Gupta Chandan & Associates, on June 22, 2022

posted: "The CBDT has amended Income-tax Rules incorporating TDS changes brought by Finance Act, 2022. The tax deducted under section 194S shall be deposited in challan-cum-statement in Form No. 26QE. Further, the certificate of deduction of tax at source shall be" Gupta Chandan & Associates CBDT notifies challan-cum-statement Form 26QE for payment of tax deducted on VDAs Jun 22 The CBDT has amended Income-tax Rules incorporating TDS changes brought by Finance Act, 2022. The tax deducted under section 194S shall be deposited in challan-cum-statement in Form No. 26QE. Further, the certificate of deduction of tax at source shall be issued in Form No. 16E. The board has also amended rules for tax payment and […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/cbdt-notifies-challan-cum-statement-form-26qe-for-payment-of-tax-deducted-on-vdas/ Powered by Jetpack

posted: "The Govt. has amended the IRDA (Salary Allowances payable to, and other terms and conditions of service of Chairperson and other members) Rules, 2000. As per the amended rules the pay of the Chairperson and a whole-time member hiked to Rs. 4,50,000 per mo" Gupta Chandan & Associates The Chairperson and a whole-time member of IRDA shall not be allotted any house for residence; says Govt. Jun 22 The Govt. has amended the IRDA (Salary Allowances payable to, and other terms and conditions of service of Chairperson and other members) Rules, 2000. As per the amended rules the pay of the Chairperson and a whole-time member hiked to Rs. 4,50,000 per month earlier it was Rs. 3,75,000 amp; 3,12,500 per month respectively. Further, […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/the-chairperson-and-a-whole-time-member-of-irda-shall-not-be-allotted-any-house-for-residence-says-govt/ Powered by Jetpack

posted: "The SEBI has modified the operational guidelines for Foreign Portfolio Investors (FPIs), Designated Depository Participants (DDPs) and Eligible Foreign Investors w.r.t bank account details. Now, the SEBI has specified ICICI bank account details for foreig" Gupta Chandan & Associates SEBI designates ICICI bank for foreign inward remittance of various payments of SEBI fees in USD Jun 22 The SEBI has modified the operational guidelines for Foreign Portfolio Investors (FPIs), Designated Depository Participants (DDPs) and Eligible Foreign Investors w.r.t bank account details. Now, the SEBI has specified ICICI bank account details for foreign inward remittance of various payments of various SEBI fees in the USD. Earlier, the Bank of India was specified for […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/sebi-designates-icici-bank-for-foreign-inward-remittance-of-various-payments-of-sebi-fees-in-usd/ Powered by Jetpack

posted: "INCOME TAX : Where there was difference in net profits as shown in return of income filed by assessee and both tax audit reports filed before and after filing of such return of income and such difference was not satisfactorily explained by assessee by fil" Gupta Chandan & Associates Diff. in profit reported in ITR amp; audit report to be taxable if such diff. wasn't satisfactorily explained: ITAT Jun 22 INCOME TAX : Where there was difference in net profits as shown in return of income filed by assessee and both tax audit reports filed before and after filing of such return of income and such difference was not satisfactorily explained by assessee by filling relevant evidence, additions made by Assessing Officer on account of […] Read more of this post Comment Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/diff-in-profit-reported-in-itr-amp-audit-report-to-be-taxable-if-such-diff-wasnt-satisfactorily-explained-itat/ Powered by Jetpack