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Consultaxx: Easing lives with digital business registrations & tax solutions


New Delhi [India], May 27 (ANI/SRV Media): Situated in Pune, Maharashtra Consultaxx, An ISO Certified Firm, has been easing citizen s lives by providing online rent agreement registrations and income tax & GST filings remotely. Due to the ongoing pandemic, every citizen is locked down.
However, many government registrations and compliances are still inevitable. Otherwise, people will pay penalties for non-compliance or risk their various rights due to a shortfall of registrations.
Thanks to firms like Consultaxx where they have combined technology and manpower at their best. This enables them to provide solutions like online rent agreement registrations without visiting a government office, free tax chat consultations, accurate tax filings from home, and much more. Consultaxx is ISO certified ASP with the IGR Department of Maharashtra with 15+ years of experience and provides 100 per cent Secure Transactions (SSL Transaction). ....

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Consultaxx: Easing lives with digital business registrations & tax solutions


Consultaxx: Easing lives with digital business registrations & tax solutions
ANI |
Updated: May 27, 2021 13:37 IST
New Delhi [India], May 27 (ANI/SRV Media): Situated in Pune, Maharashtra Consultaxx, An ISO Certified Firm, has been easing citizen s lives by providing online rent agreement registrations and income tax & GST filings remotely. Due to the ongoing pandemic, every citizen is locked down.
However, many government registrations and compliances are still inevitable. Otherwise, people will pay penalties for non-compliance or risk their various rights due to a shortfall of registrations.
Thanks to firms like Consultaxx where they have combined technology and manpower at their best. This enables them to provide solutions like online rent agreement registrations without visiting a government office, free tax chat consultations, accurate tax filings from home, and much more. Consultaxx is ISO certified ASP with the IGR D ....

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Tax query: What's the taxability of interest on FD credited by a co-operative bank?


Tax query: What’s the taxability of interest on FD credited by a co-operative bank?
January 10, 2021
This is with reference to the reply given ( published on November 16, 2020) to a query raised by H S Murlidhar. The query was regarding taxability of interest on FD credited by a co-operative bank, which is not allowed to be withdrawn due to restrictions imposed by the RBI, following an alleged fraud at the bank. Under Income-Tax Act, an individual is allowed to follow cash or mercantile method to account for his income. Hence, I think, , he may account for the FD interest as and when he is permitted to withdraw the same, from his account. Accordingly, he can postpone accounting of FD interest credited to his account till he is allowed to withdraw, and pay tax during the year of withdrawal instead of in the year of credit to his account. Otherwise, he is compelled to pay tax without actual receipt of interest. Kindly advise if it is right to do so. ....

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