November 19, 2024
Choosing the right business structure, whether an LLP or a Company, is vital for aligning with business goals. Companies, with a longer history in India, offer widespread recognition, while LLPs, introduced in 2008, bring flexibility.
November 8, 2024
Understanding the recent Capital Gain Tax changes post-Budget 2024 is crucial for investors and taxpayers. This blog breaks down the modifications effective from July 23, 2024, to guide your financial planning.
August 2, 2024
The ITR-U, or Income Tax Return-Updated, allows correction of errors or omissions in previous ITRs and can be filed within two years from the end of the relevant assessment year.
July 23, 2024
The Budget 2024 brings significant changes in direct and indirect taxes to foster economic growth and public welfare. Key highlights include tax reforms to provide relief to taxpayers, support domestic industries, and streamline compliance regulations. Click to know more...
July 18, 2024
The disclosure of foreign assets and income in ITR is a key requirement under the Income Tax Act, 1961. Schedule FA necessitates detailing all foreign assets. Clear any confusion with our FAQs.
July 4, 2024
In this blog, we will discuss the changes on e-filing portal and common issues while filing ITR including Up-dation of ITR Forms for AY 2024-25 and so on...
June 17, 2024
In this blog, we will discuss meaning of Audit Trail and its legal backing and Auditor responsibility for audit trail. Let’s look at the provision and Auditor responsibility for Audit trail.
June 6, 2024
The principles of natural justice, also known as procedural fairness, are fundamental in any legal or quasi-legal process, including adjudicatin
May 18, 2024
Are you curious about how e-invoicing can streamline your business operations and simplify tax compliance? Explore our FAQs for clarity
May 8, 2024
The micro, small and medium enterprises (MSME) sector play a vital role in the economic growth of India. A recent amendment with respect to the Payment
April 24, 2024
Central Board of Direct Taxes (CBDT) has issued Circular No. 6 dated 23rd April 2024, to provide a relief to deductors/collectors
April 22, 2024
As tax season is about to begin, let's delve into a simplified discussion on the Old Tax Regime vs New Tax Regime. Until last year.
May 7, 2022
A new provision of updated tax returns has been lately introduced by our FM in the latest budget speech. Since then it has been creating
May 4, 2022
After the harmonious reading of the section, it could be said that anyone who is eligible to obtain an aadhar number must mandatorily intimate
May 2, 2022
The ministry of corporate affairs (MCA) has introduced an amendment vide Notification G.S.R. 207(E) dt. 24th March 2021
April 30, 2022
Income tax departments routinely issue various forms for filing the Income-tax return and there is always an ambiguity among
April 28, 2022
There is a myth floating around in the market that a person is required to file an Income tax return (Commonly known as ITR)
April 26, 2022
E-Invoicing has been in a long talk since the introduction of GST in the year 2017. And in the past couple of years,
April 25, 2022
Claims of rental paid to spouse as a deduction against House rent allowance (HRA) have been a matter of debate since its inception
April 25, 2022
As per Notification No. So 3266(E) [No. 63/2019 (F.No. 370142/11/2019-TPL)], Dated 12-9-2019, the following table
July 23, 2024
The Budget 2024 brings significant changes in direct and indirect taxes to foster economic growth and public welfare. Key highlights include tax reforms to provide relief to taxpayers, support domestic industries, and streamline compliance regulations. Click to know more...
April 24, 2024
Central Board of Direct Taxes (CBDT) has issued Circular No. 6 dated 23rd April 2024, to provide a relief to deductors/collectors
April 22, 2024
As tax season is about to begin, let's delve into a simplified discussion on the Old Tax Regime vs New Tax Regime. Until last year.
May 7, 2022
A new provision of updated tax returns has been lately introduced by our FM in the latest budget speech. Since then it has been creating
May 4, 2022
After the harmonious reading of the section, it could be said that anyone who is eligible to obtain an aadhar number must mandatorily intimate
April 25, 2022
Claims of rental paid to spouse as a deduction against House rent allowance (HRA) have been a matter of debate since its inception
May 4, 2021
Every person liable for making payments to non-residents shall deduct TDS from the payments made to non-residents
June 1, 2020
New Income Tax Return (ITR) forms for AY 2020-21 notified: Key Changes and Disclosures CBDT has notified the new ITR […]
May 29, 2020
ANNUAL INFORMATION STATEMENT (AIS) Implementing the changes suggested by Finance Minister in Union Budget of 2020, CBDT has replaced the […]
May 27, 2020
All you need to know about PAN and how it is sturtured Ques: What is the permanent account number (PAN)?A […]
May 17, 2020
Today, 17th May 2020, FM Nirmala Sitharaman announced India Mega Economic Package (Atmanirbhar Bharat Part-5). Beneficiaries Covered in this Incentives […]
May 16, 2020
Today, 16th May 2020, FM Nirmala Sitharaman announced India Mega Economic Package (Atmanirbhar Bharat Part-4). Beneficiaries Covered in this Incentives […]