Section 43B Deductions Based Actual Payments – Detailed
Section 43B Deductions Based Actual Payments, As per section 43B of income tax there are certain expenses which can not be claimed as deduction unless they
Section 43B Deductions Based Actual Payments, As per section 43B of income tax there are certain expenses which can not be claimed as deduction unless they
Documents Required for PAN Card Application 2021: PAN was introduced to facilitates linking of various documents, including payment of taxes, assessment, tax demand, tax arrears
Section 194J – TDS on Professional Services or Technical services. TDS is required to be deducted by the service receiver to the service provider under
Prevention of Money Laundering Act, 2002. Money Laundering can be understood as a process employed by criminals to masquerade the possession and regulation of money
Types of stamps & Concepts of stamp duty, How to pay the Stamp Duty?. In this article you can find complete details regarding Stam Duty
ITR 4S Sugum Form is the return form for those taxpayers who has opted for presumptive taxation income scheme as per section 44AD, Section 44ADA
ITR-1 SAHAJ is a return form of income tax return for filling the compliances with the Income tax department in case of income from Salary,
What is rebate under section 87A and who can claim it?. An individual who is resident in India and whose total income does not exceed
Government has enacted the Research and Development Cess Act of 1986 to provide for levy and collection of a cess on all payments made for
Why should I pay tax? Know Various Reasons. The citizens of India are required to pay Income tax as well as other taxes as per law.
Form 26AS also known as Annual Tax Statement under section 203AA OF Income-tax Act, 1961 provides details of Tax deducted at source, Tax Collected at
From October 1, 2020, our Government has introduced a new provision for collecting TCS for the sale of goods and depositing the same to the
Don’t worry – No TDS on Post Office Recurring Deposit Scheme, No TDS on Post office RD’s, Earlier TDS was not deductible on Recurring Deposits.
Procedure For E-Filling Of Tax Audit Report. Details for E-Filing of Tax Audit Report From Below. We are Providing Full Procedure For E-Filing of Tax
The digital economy creates many new economic opportunities. Digitalization is transforming value chains in different ways, and opening up new channels for value addition and
Applicability of Tax Audit 2020: Tax Audit under section 44AB is an effective tool for the income-tax department to assist them in making assessment of
PAN card i.e Permanent Account Number Card is an important document. Whether you need to open a bank account or file an income tax return,
PAN card i.e Permanent Account Number is an Alphanumeric Code of 10 digits issued by the Income Tax Department. The PAN card is issued to
Form 12BB of Income Tax: Central board of direct taxation (CBDT) has recently issued a new form called “Form – 12 BB”. The purpose of this
Inserting Section 115BAC, The New Tax Rate May Become The Hard Weapon In The Hands Of The Department. The Proposal for the payment of “Alternative
TAN Registration: TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who
Section 44 ADA: Presumptive Tax Scheme for Professionals. Difference Between Section 44AD & 44ADA, Presumptive Income Computation System for Professionals. In this article we provide complete details
Instructions for Filing ITR 1 SAHAJ For AY 2020-21. These instructions are guidelines for filling the particulars in this Return Form. In case of any
incometaxindiaefiling – How to Reset Login Password for E-Filing: CBDT Notified income tax return forms for AY 2017-18 and Lot of taxpayers start filing income
Tax Audit Due Date Extended to 31st December 2020: Dear Professional Colleagues! The Central Board of Direct Taxes (CBDT) has extended the due date of
Income Tax Due Date Extended to 31st January 2021 for AY 2020-21: Due date to file Income Tax Return and Tax Audit extended for FY
Deduction from taxable income in respect of certain payments, Check List of various dedications available in respect of certain payment. Here we are providing full
Section 44AD: Income of Business 8% as per The Income Tax Act, 1961. Find Complete for Section 44AD. In this article you can find complete
incometaxefiling: ITR Filing for AY 2020-21 is started from April 2020, here we provide complete guidance for E-File Income Tax Return Online 2020-21. incometaxindiaefiling.gov.in is
Various Fines & Penalties Chart under Companies Act 2013.here we are providing Complete chart for Fines & Penalties Chart under Companies Act 2013. In this