How to File SFT form 61A?
Overview : Section 285BA of the Income tax Act,1961 introduces the concept of filing of SFT form 61A by certain […]
Income Tax
Partnership Firm Tax return filing online procedure
Overview : An organization is referred to as a partnership firm when multiple owners operate it under one legal name. According to the Income
Interest income on income tax refunds
Overview : The excess tax paid in the form of advance tax or tax deducted/collected at source or payment of
How To Check ITR Filing Status?
Overview : Checking ITR status online is important to understand at what stage an ITR is after being filed with
Taxability of NRE Deposits Account in India
Generally, most Non-resident Indians (NRIs) prefer to maintain their NRE deposits accounts to save their foreign income in India. It
The Misconceptions of ITR Filings of Futures and Options
Overview : ITR filings of Futures and Options is mandatory like any other investment income. These days a lot of
Big relief NRIs tax norm eased can Now Avail Lower TDS Without PAN
The tough times are over for non-resident entities as the Central Board of Direct Taxes (CBDT) has eased taxation norms
RACES: Form 26QC Correction using e-verify internet banking
Overview: TRACES or TDS Reconciliation Analysis and Correction Enabling System is a web-based platform administered by the Income Tax Department
TRACES: Form 26QC Correction using DSC/ AO Approval
Overview : TRACES (TDS Reconciliation Analysis and Correction Enabling System) is a web-based platform administered by the Income Tax Department
TRACES: Form 26QB Correction using AO approval or DSC
Overview : TRACES (TDS Reconciliation Analysis and Correction Enabling System) is a web-based platform administered by the Income Tax Department
Statutory and Tax Compliance Calendar for March 2022
S.No. Due Date Purpose Period Statute Details of Compliance 1 07-Mar-22 TDS/TCS Payment of Liability Feb 2022 Income Tax TDS
CBDT Notifies Reduction in Period of ITR Verification From 120 Days to 30 Days effective 1st August 2022
An overview of new ITR-V and E-verification notification by the CBDT : The Central Board of Direct Taxes has always
Different Methods to verify Income Tax Returns
Overview : Filing Income tax returns is a mandatory compliance for all eligible individual and non-individual taxpayers in India. According
Claiming Tax Relief on Salary Arrears
Overview : Your tax situation might change if you receive salary or pension in arrears. Most of us worry and
5 things to know when filing tax returns online
Overview : Start Valuing for your Income Tax returns and refund receipt you are liable of, as five weeks are
Direct and Indirect Tax Collection
NEW DELHI : As per the data released by the government on Friday, an increase of 24.8% was recorded in
Tax Planning
Overview : “Complete Tax Planning and Management involves meeting compliance requirements in this increasingly complex area which further includes staying
CBDT Notifies Form for Deduction Claim from Salary by Employees
Overview : A declaration to the employer by his employees is always required to be furnished for supporting the income
Complete Process to File Income Tax Return of LLP
Overview : Filing ITR of LLP is an essential practice for businesses to stay compliant. Therefore, following the step-by-step procedure
Difference Between GST and Income Tax
Overview : GST and Income Tax are the most crucial taxes applicable to Indian Individuals and businesses. In this comprehensive
