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Documents required for filing Income Tax Return
Are you confused about what all documents are required while you are filing your ITR? Here you will get a inclusive list of documents requir
CA Umang Jain
Feb 28, 20232 min read
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Tax notice may come for these 5 cash transactions, read to know more
So, if you are not filing ITR, or filing ITR with incorrect particulars, just know that you can have a notice from income tax department.
CA Umang Jain
Feb 19, 20232 min read
48 views
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Benefits of Filing Income Tax Return (ITR)
When your income reaches a certain threshold, tax is levied. To pay the taxes, an ITR must be filed.
CA Umang Jain
Feb 18, 20233 min read
27 views
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Will your PAN become inoperative after 31st Mar 2023
From April 1, 2023, your PAN will be inoperative if it is not linked to your Aadhaar.
CA Hemant Bardia
Feb 17, 20232 min read
160 views
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NRI Fund Transfer
Are you an NRI? Want to transfer fund read this blog to understand
Asif Hussain
Feb 16, 20233 min read
41 views
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PAN card for minor in India !!! Should you apply?
As per section 160 r/w section 139A of the Income Tax Act’ 1961, even a minor can apply for PAN card in India through a representative asses
CA Umang Jain
Feb 15, 20233 min read
21 views
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Amendments in Life Insurance Policies due to the Budget 2023
Are you thinking of investing in Life Insurance Policies? If yes, then read before investing.
Asif Hussain
Feb 14, 20233 min read
25 views
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Want to register for e-Filing on Income Tax website as a Taxpayer?
This pre-login service is available to all taxpayers (except Companies) who want to register on and access the e-Filing portal.
CA Umang Jain
Feb 11, 20232 min read
25 views
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Are you buying or selling a land or building? Make sure you comply the below income tax rules
First of all, the payments made to purchase the property are not just by banking mode.
CA Umang Jain
Feb 11, 20232 min read
35 views
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Is your PAN Card Misplaced/Damaged/Lost?
Have you lost your PAN card recently?
Or
How to reprint a lost PAN card?
Or
Do you want to update information on your existing PAN Card?
CA Hemant Bardia
Feb 9, 20234 min read
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Extension of standard deduction to salaried employees II Budget 2023
Union Finance Minister Nirmala Sitharaman presented the Union Budget for Fiscal Years 23-24 on 1st Feb 2023.
CA Umang Jain
Feb 8, 20232 min read
30 views
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TDS under section 194R of Income Tax Act, 1961
With effect from July 1, 2022, the Finance Act 2022 added a new Section 194R to the Income Tax Act of 1961, keep reading to learn more.
Asif Hussain
Feb 4, 20231 min read
34 views
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Highlights of Union Budget 2023 (Income Tax Laws)
Given below are a few important changes proposed in Union Budget 2023, that might affect your Taxes for upcoming year, keep reading to learn
Asif Hussain
Feb 1, 20232 min read
198 views
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Planning to start an NGO? Need income Tax exemption and benefits of 80G?
The most important thing to of an NGO is not to shell out money in paying tax rather to use it for NGO's object.
CA Umang Jain
Jan 1, 20232 min read
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TDS Mismatch Between Form 26AS & Form 16
If you observe a mismatch of TDS amount vis-à-vis Form 26AS and Form 16/16A, you might want to find out the root of the problem that caused
Asif Hussain
Dec 24, 20222 min read
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Have you ever forgotten to report an income or made an error on your tax return?
Your income tax return must be updated using Form ITR-U. In the Union Budget 2022, the government first mentioned the idea of updated return
Asif Hussain
Dec 12, 20222 min read
18 views
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Want to form an HUF? Read to know more
The formation of a Hindu Undivided Family, or HUF, is quite common in India for the purpose of reducing income taxes.
Asif Hussain
Dec 12, 20222 min read
12 views
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Amendment disallowing delayed payment of employees’ contribution to relevant welfare fund
We note that the Finance Bill, 2021 has brought in an amendment which disallows the employees’ contribution made in PF and ESI in some cases
CA Hemant Bardia
Nov 26, 20224 min read
43 views
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Step by step process to convert Proprietorship into Partnership Firm?
Where most of the businesses start as a proprietorship firm, one can always change the business structure.
CA Umang Jain
Nov 14, 20223 min read
1,688 views
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Income Tax scrutiny and appeals… are you scared?
So, let us understand the process of how to go into option of appeal?
CA Umang Jain
Nov 8, 20223 min read
46 views
1 comment
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