Articles by Aisha

Section 150: Notice From The Department

Posted by Aisha 25 February 2023 22917 Views

Section 150 of the CGST Act 2017 states that certain entities such as taxable persons, local authorities, banks, state and central government authorities, etc. If a person does not furnish the information return within the specified time period, a notice may be served upon them requiring the same to be furnished within a period not exceeding 90 days.

Income Tax Calculation: Old Regime Vs New Regime

Posted by Aisha 11 February 2023 12262 Views

In India, the income tax is governed by the Income Tax Act, 1961 and is imposed by the Central Board of Direct Taxes (CBDT). The taxable income of an individual is taxed at different slab rates, based on the individual's income level.

How to check EPF Balance?

Posted by Aisha 03 February 2023 3208 Views

EPF stands for Employees' Provident Fund. It is a mandatory savings scheme for salaried employees in India that is governed by the Employees' Provident

Section 194Q of the IT Act, 1961

Posted by Aisha 30 January 2023 6222 Views

Section 194Q of the Income Tax Act, 1961 is a provision that deals with Tax Deducted at Source (TDS) on the purchase of goods.

Download Form 26AS

Posted by Aisha 27 January 2023 7063 Views

Form 26AS is a statement of tax credits. It is a consolidated statement that contains information about the tax that has been deducted or collected from an individual's income, as well as the taxes paid by the individual.

MCA Form MGT 7: Documents and Deadlines

Posted by Aisha 25 January 2023 5556 Views

MGT 7 is a form that is required to be filed with the Ministry of Corporate Affairs (MCA) in India. It is a form for filing annual return by a company, it contains details of the company's shareholders and directors, and information on the company's financial performance.

Capital Gains Tax India

Posted by Aisha 24 January 2023 10069 Views

Capital gain is the profit made from the sale of a capital asset, such as real estate, stocks, or bonds. The capital gain is the difference between the purchase price of the asset and the selling price. If the selling price is lower than the purchase price, the result is a capital loss.