Post by: Renu Suresh in Income Tax
What are the common mistakes while Filing ITR? The deadline for submitting Income Tax Returns for the fiscal year 2023-24 (Assessment Year 2024-25) is quickly approaching, with the due date set for July 31, 2023. Last-minute rush in filing can…
Post by: Renu Suresh in Income Tax
10 Benefits of Filing Income Tax Return (ITR) Tax payment becomes obligatory when income surpasses a certain threshold, facilitated by submitting an Income Tax Return (ITR). The ITR is a form detailing income from the previous financial year, from April…
Post by: Renu Suresh in Income Tax
Extension of Due Date for ITR and Tax Audit Report for AY 2021-22 The Central Board of Direct Taxes, via Circular No. 01/2022 issued on January 11021, has extended the timeline for filing of Income Tax Returns and various Reports of…
Post by: Mansi Sawant in Aadhaar
Tax planning while setting up new businesses Tax planning is a systematic financial procedure to look at the taxation options to determine when and which way the business is to be conducted so that the taxes can be eliminated or…
Post by: Mansi Sawant in Income Tax
Tax Savings Options Tax savings investment plans are instrumental to achieving the financial goals, investments schemes that are available in the market provide tax exemptions and tax deductions. In this article, we will talk about how you can reduce your…
Post by: Renu Suresh in Income Tax
JAVA Based ITR Filing Utility for MS Excel The Income-tax Department announced that the taxpayers who are using Microsoft excel 2007 and below version for preparing the Income Tax Return using Department’s ITR Excel utility are requested to use the…
Post by: Renu Suresh in Income Tax
CBDT Extends Due Dates of 18 Income-Tax Compliances The Central Board of Direct Taxes, Government of India provides further relief to taxpayers during the prevailing COVID-19 outbreak by extending timelines of certain compliances. CBDT announced the extension of due dates…
Post by: Arnold Thomas in Income Tax
TDS Conso File - TRACES Portal Conso file download feature has been made available in TRACES from the Financial Year 2007-08. Basically, Conso file is a consolidated data of the TDS or TCS statement, both regular and correction, which is…
Post by: IndiaFilings in MCA
LLP Form 8 - Statement of Account & Solvency The Statement of Account & Solvency (LLP Form 8) is a vital annual filing requirement for Limited Liability Partnerships (LLPs) in India. This document is a comprehensive financial snapshot, encompassing details of…
Post by: IndiaFilings in MCA
LLP Tax Filing - Income Tax Rate & Deadline LLP or Limited Liability Partnership is a corporate entity formed under the Limited Liability Partnership Act, 2008. LLPs have a separate legal identity and are required to file MCA annual return…
