Budget 2021 Income Tax Slabs and Rates, Income Tax Budget 2021 Announcements Updates: Ahead of the Budget presentation, income tax…
Union Budget 2021 India: In the midst of an economic slowdown induced by the ongoing pandemic, the Hon’ble Finance Minister…
Union Budget 2021 India: he Limited Liability Partnership Act, 2008 (“LLP Act”) introduced a hybrid of partnership and a company,…
Union Budget 2021 India: Before the Finance Bill, 2020 was enacted, the Finance Minister provided certain relaxations to address the…
Most analysts expect the nominal GDP to grow at 15% or thereabouts in FY22; going by historical pattern, it is…
The last date of filing ITR for AY 2020-21 is today.
Tax officials said the action was undertaken at the offices of the two entities– Instakart and Swiggy– in Bengaluru, apart…
Returns in ITR-1 Sahaj are filed by individuals whose total income does not exceed Rs 50 lakh, while form ITR-4…
Income Tax Return Filing AY 2020-21 Latest Updates: The Income Tax Department said that more than 4.54 crore income tax…
The deadline to file I-T returns by individual taxpayers for the 2019-20 fiscal (AY 2020-21) ends on December 31, 2020,…
Last date for filing tax audit report, income tax returns for audit cases should be extended, Direct Tax professionals have…
Budget 2021 Expectations: Currently, the limit of Rs 50 lakh is general irrespective of locations and type of property. However,…
The Central Board of Indirect Taxes & Customs (‘CBIC’) has finally put to rest the huge hustle created by the…
When a large number of people find ways to avoid payment of tax, the burden falls on honest people, said…
Income Tax Deductions for Individuals: You may be aware of the deductions from gross total income available under Income Tax…
TDS on Cash Withdrawal: The Ministry of Finance recently notified Form 26QD for TDS Return and Form 16D for TDS…
Exemption under Section 54 of Income Tax Act: A person can claim exemption under Section 54 of the Income Tax…
Reopening Income Tax Assessment: The Income Tax Assessment Officer cannot send a notice to the assessee for re-opening of the…