CBDT
E-Commerce
CBDT clarifies applicability of TDS liability for e-retailers on ONDC
PTI -
As per the FAQ issued by the Central Board of Direct Taxes (CBDT), a 1 per cent TDS will have to be deducted from the gross sale amountNew Delhi: The income tax department on Thursday clarified the applicability of...
D2C
DPIIT-recognised startups not to face scrutiny under Angel Tax provisions of Budget 2023
PTI -
The Income Tax Department had last month notified new angel tax rules for evaluating the shares issued by unlisted startups to investorsNew Delhi: Startups registered with DPIIT will not be subject to assessment proceedings relating to Angel Tax amendments...
Latest News
No tax levy if cash payment for goods, services is less than Rs 2 lakh, clarifies CBDT
PTI -
CBDT has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the payment for certain goods or services is less than Rs 2 lakh, even when the...
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Latest News
Godrej Interio records 25% growth during festive season 2024
The brand witnessed double-digit growth across all zones, with North and Central India emerging as the strongest performing regionsBengaluru:...
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