HRA(House Rent Allowance) can be claimed as a tax deduction as per Section 10(13A) of the Income Tax Act 1961. The HRA can be claimed as a deduction after meeting the eligibility criteria.
All the deductors have filed their TDS returns for FY 23-24 by May 31, 2024. Now, what are the responsibilities of deductees before filing their ITR?
There are notified 7 types of ITRs, i.e., ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. To date, we have discussed all ITRs one by one and compiled all the details regarding them in this article.
Statutory Tax Compliance Tracker for the month of June 2024
Have you faced any technical difficulty while generating an E-way bill using the E-way bill portal? Here is a solution for you.
Due Date Calendar for the month of June 2024
The Competition Act, 2002, represents a pivotal piece of legislation designed to foster and maintain competition in India's markets. It aims to protect consumer interests, ensure freedom of trade, and create a level playing field for all market participants.
In this article, I address frequently asked questions (FAQs) regarding the rules and restrictions governing borrowing and lending between residents and non-residents.
Although the IT forms are available, individuals who are salaried should wait to file their returns until June 15, 2024, according to a report by ITD. This is because their Annual Information Statements (AIS) and Form 26AS are typically fully updated by May 31, 2024, and companies have time to issue employees Form 16 by June 15, 2024.
We have given the important statutory due dates for various compliances applicable for June 2024.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English