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Income Tax Department conducts searches in J&K The Income Tax Department carried out search and seizure actions on 22/10/2020 on a group of three assessees, based in Srinagar. Searches were conducted at 15 residential and business premises...
Expertmile Admin
CA Student arrested in GST scam of Rs 50 crores Fake Input Tax Credit case The officers of CGST. Vadodara-II Commissionerate of Vadodara Zone after the intensive data mining and data analysis of the suspicious taxpayers, particularly relating to the...
Expertmile Admin
FAQ on LTC Cash Voucher Scheme 1.Whether the individual employee is required to take leave to avail this LTC- Cash Voucher Scheme? Whether an employee is required to undertake any travel Answer-Whether the individual employee is required to take le...
Expertmile Admin
Common Terms associated with the Will writing process 1.Intestate:A person who dies without leaving a “Will” is said to have died intestate; as per the applicable personal law of the deceased, all his legal heirs, are entitled to the ass...
Expertmile Admin
What is a Will? A Will is a document, considered as a legal declaration of the intention of a Testator about the distribution / disposal of his possessions / assets / properties etc. after his death. The Will would specifically have detail...
MANISH TERVANKAR
Income Tax Department carries out searches in Bihar The Income Tax Department carried out searches on 19.10.2020 in the cases of two Government contractors having premises in Purnea, Katihar and Saharasa and a silk trader in Bhagalpur in Bihar. ...
Expertmile Admin
What is EVC and how to verify my return through EVC? The Electronic Verification Code (EVC) would verify the identity of the person furnishing the return of income. Taxpayer has an option to e-Verify the return at the time of uploading / after uploa...
MANISH TERVANKAR
1. What is an Electronic Credit Ledger? In the Electronic Credit Ledger, all credits accrued on account of inward supplies made by a taxpayer within a tax period are accumulated. The ledger is maintained Major Head-wise, i.e., IGST, CGST, SGST, and...
MANISH TERVANKAR
More than 1.5 Cr. Kisan Credit Card issued & 1.35 lakh Cr. KCC limit sanctioned so far under KCC Saturation drive. Milestone of 1.5 crore KCC sanctions with credit limit of Rs.1.35 lakh crore achieved under Special KCC Saturation Drive for farme...
Expertmile Admin
Know all about Form Electronic Cash Ledger 1. What is the Electronic Cash Ledger? The Electronic Cash Ledger contains a summary of all the deposits/payments made by a taxpayer. In the ledger, information is kept minor head-wise for each major head....
MANISH TERVANKAR
