Income Tax Return Forms: Filing Deadlines by December 2024
There are various Forms which are used to report TDS, TCS, or other tax-related transactions. To avoid penalties, businesses, companies, […]
GSTR 9 Turnover Limit For FY 2023-24
The turnover limit for filing GSTR-9 (Annual Return) under GST is as follows: Turnover Limit for GSTR-9 Mandatory Filing If
Income Tax Payments: Mistakes To Avoid While Making Payments
When filing their income tax return (ITR) forms in India, taxpayers often make several common errors. Timely and accurate income
GSTR-9: Applicability and Turnover Limit For FY 2023-24
GSTR-9 is an annual return which has to be file by regular taxpayers to maintain accurate records of GST transactions.
Section 80D: Tax Benefits on Health Insurance Premiums
Section 80D of the Income Tax Act in India provides deductions on premiums paid for health insurance policies, offering taxpayers
Supreme Court Verdicts Impacting Taxation
The Supreme Court of India has significantly influenced Indian taxation. The Court has clarified complex legal issues and interpreted tax
Section 92E of the IT Act: Due Date Extended to 15th December 2024
Section 92E applies to international and specified domestic transactions between Associated Enterprises (AEs), with at least one party being a
ROC Return Filling Due Date: Is Form MGT-7 Extended?
ROC (Registrar of Companies) is an authority under the MCA that oversees company and LLP registration, regulation, and compliance in
TDS on Metal Scrap: Reporting Issues and Resolution
TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase
PAN 2.0: Card Gets a Tech Upgrade with QR Code
PAN 2.0 is an e-Governance project approved by the Indian government to modernize PAN/TAN services which will upgrade the current
Income Tax Refund Claim Window Reduction
Income Tax Refund Claim Window Reduction means taxpayers now have 5 years instead of 6 years from the end of
Section 185 of Companies Act 2013: Restrictions on Director Loans
Section 185 of Companies Act 2013 prohibits companies from giving loans. According to Section 184(1) of the Act, a company