Upcoming batch for CA Final DT May 2020 / Nov 2020 at SR.Nagar

Upcoming batch for CA Final DT May 2020 / Nov 2020 at SR.Nagar

{20^th Jan 2020 to 31^st March 2020}: Batch Timings: 5.45 PM to 9.00 PM

Venue: Sri Aadarsh College, SR.Nagar

Contact: 9963 250 500

Fees: Rs 7500 plus GST

CA Final DT; IDT and Intl Taxation batches for May 2020

Pl find the schedule for CA Final DT; IDT and Intl Taxation batches for May 2020:

IDT (Customs + GST)	DT	Intl Taxation (Optional Paper)
May 2020 CA Final Examinations
24th Nov 2019 to 20th Jan 2020: 6.00 AM to 9.15 AM {Morning Batch} Venue: Hindi Maha Vidyalaya; Room Number # 1; Nallakunta; Hyderabad	2nd Jan 2020 to 15th Mar 2020: 6.00 PM to 9.00 PM {Evening Batch} Venue: Will be updated.	To be announced post results
Contact: 9963 250 500

Snippets from Budget 2019

High lights of Budget 2019

1. Corporate tax : 25% where the annual turnover is up to Rs 400 Crores; [99.3% of the companies are covered]

2. 35AD benefit is extended for Semi Conductor industry; computer servers; etc,. [Indirect tax benefits are also promised]

3. Electric vehicles - GST Rates will come down from 12% to 5%; 

4. Loans taken from electric vehicles - additional interest benefit of Rs 2.50 lakhs Rs 1.50 lakhs

5. Funds raised by Start Ups; No intervention by the IT dept; Discretionary powers to the AOs is removed; valuation of shares of the start ups - not liable for scrutiny; Sale of residential house and invest into start up up to 31st March 2021 and the benefit of capital gains is extended. 

6. NBFCs treated on par with banks: Interest income to be taxed on receipt basis.

7. IFSC - 100% Profit linked incentive: 10 out of 15 years; No DDT, etc,.

8. Inter changeability of Aadhar and PAN for IT Purposes; Filing return through Aadhar is also permitted without PAN; 

9. Pre filled returns will be made available to tax payers by collecting the information from various sources;

10. Faceless assessment in E-Mode is being launched this year in a phased manner. [AO shall be annonymous]

11. TDS of 2% on cash withdrawals exceeding Rs 1 Crore in a year from a bank account;

12. Highest income level; Individuals earning more than 2 Crore to 5 Crores; More than 5 Crores shall attract surcharge;

  

Time table for CA Final Nov 2019 DT; IDT and Optional Paper Intl Taxation

DT (Old and New Syllabus)	IDT (GST + Customs)	Intl Taxation (Optional Paper)
November 2019 CA Final Examinations
15th June 2019 to 20th Aug 2019: 6.00 AM to 9.15 AM	21st Aug 2019 to 30th Sep 2019: 6.00 AM to 9.15 AM [GST] 1st Sep 2019 to 20th Sep 2019 6.00 PM to 9.00 PM [Customs]	1st Aug 2019 to 31st Aug 2019 6.00 PM to 9.00 PM
Venue for the batches : Hindi Maha Vidyalaya; Room Number # 1; Nallakunta; Hyderabad
Contact: 9963 250 500

Circulars and Notifications during Jan 2018 and Dec 2018 on Direct Tax Laws

Pl find the key circulars and notifications during Jan 2018 and Dec 2018 on Direct Tax Laws.

Thanks
Rp sir.

Amendments made by the Fin Act, 2018 in Direct Tax Laws