Recent Posts

Last date of filing Form AOC-4, MGT-7 extended to 30-12-2015

MCA has released circular no. 14/2015 dated 28/10/2015 with respect to relaxation of additional fees and extension of last date of  filing of the following forms: Read : Last date of filing Form AOC-4, MGT-7 extended to 30th Dec 2015 1. Annual Return – Form MGT-7: Original due date: 60 days …

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“e-Sahyog” a pilot project of the Income-tax Department.

Finance Minister launches the“e-Sahyog” pilot project of the Income-tax Department. The Income-tax Department is committed to the ‘Digital India’ initiative of the Government of India.The Finance Minister today launched an “e-Sahyog” pilot project which furthers the Department’s commitment to work in an e-environment and reduces the need for the taxpayer …

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How to simplify Indian Income Tax Act? Part I

I have just finished one round of tax filing work for the financial year 2014-15. While going through the tax questions from the clients, I realized the complications and confusions created by the age old Income Tax Act. Incidentally, in today’s Economic Times, the new revenue secretary Mr. Hasmukh Adhia …

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