10 Crucial Guidelines for Accurate Tax Filing Filing taxes can be an intimidating task, and even a small error can have significant repercussions. As an esteemed CA firm in India, we understand the importance of precise tax filing and its impact on financial matters. In this blog post, we will present you with ten essential […]
10 Crucial Guidelines for Accurate Tax Filing Read More »
Discover the 7 crucial reasons why income tax return filing is vital for individuals and businesses. Gain insights into the benefits, process, and important considerations to ensure a smooth ITR filing experience.
7 Key Reasons Why Income Tax Return Filing is Essential Read More »
HRA Exemption: A Comprehensive Guide to Understanding and Maximizing Your HRA Benefits Introduction When it comes to managing your finances, it’s essential to take advantage of all the tax-saving opportunities available. One such benefit is the House Rent Allowance (HRA) exemption, which can significantly reduce your taxable income if you are a salaried individual. In
Follow the below mentioned procedures to make Self Assessment Tax payment for FY 2022-23 (AY 2023-24) 1. Go to the Below Link – https://www.incometax.gov.in/iec/foportal/ 2. Click e-Pay Tax 3. Provide Pan/Tan and Mobile Number 4. Enter the received OTP 5. Click Proceed under Income Tax 6. Provide your Pan/Tan and Name 7. Select 2023-24 under Assessment Year & Self Assessment
How to make Income tax payment online for AY 2023-24 (FY 2022-23) Read More »
Filing of Appeals under GST The Goods and Services Tax (GST) is a comprehensive indirect tax law that was introduced in India in 2017. The GST law provides for a number of appeal mechanisms for taxpayers who are aggrieved by the decisions of the tax authorities. The authority passing the order may be GST officer,
The CBIC has reduced the E invoice limit for business from the existing 10 Crores to 5 Crores. This is w.e.f. 01st Aug 2023. Accordingly, if the turnover of the business has exceeded more than 5 Crores in any of the Financial years starting 2017-18, E invoicing will be applicable w.e.f. 01st Aug 2023. The
E Invoicing Limit reduced to 5 Crores w.e.f 01st Aug 2023 Read More »
Survey and Search as per Income tax act are different. There are differences between Survey & Search. Please find the differences here
The last installment of payment of Advance tax falls due on 15th March 2023. The tool for calculating advance tax and also tax payment procedure is attached herewith
Advance Tax – Final Installment Due on 15th Mar 2023 Read More »
Whether e way bill is required for goods sent for weighment to the weighbridge
E WAY BILL REQUIREMENT FOR GOODS SENT FOR WEIGHMENT TO THE WEIGHBRIDGE Read More »
The due date for payment of Advance Tax for the Financial Year 2022-23 (AY 2023-24) is 15th September 2022. Please Check the below post to check if you are liable to pay Advance Tax The Procedure for Tax payment is provided in this link
Advance Tax 2nd Instalment Reminder Read More »
GST on Renting of Immovable Property Have queries in GST on Renting of Immovable properties ? Click here to send an enquiry/appointment
Quick Referencer – GST on Renting of Immovable Property Read More »
Lady opportunity for Tran 1 & Tran 2 filing for availing the GST Transition credit
GST Transition Credit – Last Opportunity Read More »
1) ITR should be verified within 30 days instead of earlier 120 days 2) Only speed post mode is allowed for manual verification 3) Returns filed till 31.07.22 can be verified within 120 days 4) Date of e-verification or manual verification is the date of filing the returns in case of returns e verified or
Update on Income-tax Return verification Read More »
In case of Individuals, Income-tax returns has to be filed mandatorily even if income is below taxable limits, in respect of few specified situations. Those specified situations are :- Payment of Electricity bill Exceeding Rs. 1 Lakh. Expenditure for Foreign Travel exceeding Rs. 2 lakhs. Deposit in Current account exceeding Rs 1 Crore The Income-tax
New Income-tax Notification for Return filing Read More »
