Fake GST Registrations: Second all-India drive from 16th August
Fake GST registrations are being used to fraudulently pass on input tax credit to unscrupulous recipients by issuing invoices without […]
Home Loan Tax Benefits: Leveraging for Maximum Tax Relief
Home loan tax benefits allow taxpayers to claim deductions on both principal and interest payments which help to reduce overall
Tax Audit Due Date: Threshold for Businesses and Professions
Tax audit due date for AY 2024-25 is 30th September 2024. What is a tax audit? A tax audit is
Section 194T: New TDS Rules on Payments To Partners Of A Firm
Section 194T is a newly inserted for TDS deduction proposed as per Clause 62 of Finance (No. 2) Bill, 2024.
UPI Transaction Limit: RBI Increased The Limit For Tax Payments
UPI stands for Unified Payment Interface. One of India’s greatest developments, pioneered by the National Payments Corporation of India (NPCI)
Section 80E : Tax Benefit For Education Loan For FY 2024-25
Section 80E of the Income Tax Act allows a tax deduction on the interest paid on education loans for higher
TCS On Car Purchase: Simple Breakdown of the Rules
TCS on car purchase is a provision under the Income Tax Act where dealer or sellers are requires to collect
Income Tax Notice: Consequences of Ignoring an IT Notice
Income Tax Notice is sent by the Income Tax Department to taxpayers informing about discrepancies or issues related to your
Salaried Employees to Save Upto Rs 17500 with New Tax Changes
Salaried employee can save up to Rs 17,500 under new tax regime while filing income tax return due to the
Seventh Proviso to Section 139(1): Mandatory ITR Filing for High Value Transactions
Seventh Proviso to Section 139(1) of the Income Tax Act, 1961, added with effective from 1st April 2020. It mandates
GSTR-9: Return Filing Relief for Small Businesses 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.
ITR Refund Time: How Long Will It Take For AY 2024-25?
ITR refund time can be based on several factors like how you file your return (online or offline), accuracy of