Format of Letter to Customer for TDS TCS Changes wef 1-7-2021 Date : _____ To Customers Name = Kind Attn : Mr / Ms _____...

Import Export Code Number (IECode) Last date of IE Code annual confirmation / amendment / updation is 30-6-2021…. hope you have done the same, if...

Good News New definition of (SMCs) Small and Medium companies in Accounting Standard New Limit of Turnover : Rs 250 Crores New Limit of Borrowings...

TODAY, 3.30pm. Seminar on TDS on Goods. IamSMEofIndia presents Special Session on Important changes in TDS/ TCS laws applicable from 1st July Speaker: Sangeet Kr...

Job description : Title : Chartered Accountant for Accounting BPO   https://www.naukri.com/job-listings-Chartered-Accountant-For-Accounting–MLG-Associates-Faridabad-2-to-7-years-110621000313 Intro of company : MLG Associates, Chartered Accountants. CA Firm in Faridabad. Already...

AVOID Cash Payments and Cash Receipts ( both ) Section 40A(3) /(3A) : Revenue Expenditure :- Deduction not allowed for expenses made in cash to...

Have you already created your “WILL”   ? In your Free time during the Covid19 Pandemic, Think about it… MLG Associates Team recommends all customers, patrons...

Receipt of Deposits from Directors or Relatives by a Private Limited  – Companies Act 2013   Short History : Due to certain Scams like Satyam,...

Another Company based at Sriperumbudur, Chennai, Tamil Nadu outsources its Accounts, MIS and Taxation to CA firm MLG Associates Team. When asked, MD of the...

if your automotive turnover is over Rs 35 Cr cost auditor certificate is required and desired  

Links – MCA – Changes 24-3-2021 – GSR 207E https://taxguru.in/company-law/amendment-schedule-iii-companies-act-2013-wef-01-04-2021.html https://www.mca.gov.in/SearchableActs/Schedule3.htm   http://vinodkothari.com/2021/03/changes-in-auditors-report-and-financial-statements-to-reveal-camouflaged-financial-transactions/  

Companies Act – 2013: Schedule III — Compulsory Rounding off in Balance Sheets … to Rs Lakhs, Crores… G.S.R. 207(E).— New Delhi, 24th March, 2021   Rajive Chawla, Chairman,...

    Digital signature is mandatorily required to furnish ITR of all the companies and the assessee needs to be audited u/s 44AB of the...

⇒*The due date of TDS/TCS Return for Q4 (19-20) is 31.07.2020* and for *Q1 (2020-21) is 31.03.2021.* ⇓  *15.08.2020* is the *due date for following...

1️⃣ Income Tax:*  A functionality of *determine TDS rate u/s 194N* has been enabled in *e-filing portal* for Banks, co-operative society and post office ♥...

*. Income Tax New disclosures asked in the new ITR forms 1to7 are: ⇓ 1. House ownership: Individual taxpayers who are joint owners of house...

  The Govt.of India through Finance Act 2019 had introduced a new section 194N in the Income Tax Act 1961, to provide for levy of...

In order to provide relief to taxpayers goverment issued a notification on 24th june 2020:- ⇒ The time for filing of original as well as...

1️⃣ *Income Tax:* ♠ *ITR-1 and ITR-4 for FY 2019-20* can be filed through *direct mode* after *logging* on Income Tax Efiling site. ⇓ 2️⃣...

1️⃣ Income Tax:* ♥ *Cost Inflation Index* has been notified by CBDT for *FY 2020-21* to be “301”. ⇓ 2️⃣ Goods and Services Tax:*  *Recommendations...