Follow Author
Blogs by: steffy
-
-
May 2, 2023 By Steffy A
Form ITR-5 Filing AY 2026-27 : Due dates & updatesForm ITR-5 Filing : Eligibility and Due Dates for 2026 Introduction Form ITR-5 Filing is a must in India for firms, LLPs and some other entities to report their income. Many businesses get confused about who needs to file when […]
-
-
-
May 2, 2023 By Steffy A
GST LUT for Export of Goods: Filing Process & ComplianceGST LUT for Export of Goods: A Complete Compliance Guide Introduction GST LUT for Export of Goods is an important compliance mechanism that allows eligible exporters to undertake exports without paying Integrated Goods and Services Tax (IGST). For many exporters, […]
-
-
-
April 13, 2023 By Steffy A
File Form 61A Online: Applicability & Due DateHow to File Form 61A Online? Applicability, Due Date & Process Introduction To file Form 61A online, specified reporting entities must report the Statement of Financial Transactions (SFT) under the Income Tax Act, 1961. It helps the Income Tax Department […]
-
-
-
April 13, 2023 By Steffy A
Section 139(8A) of the Income Tax ActSection 139(8A) of the Income Tax Act: ITR-U Form Guide Overview of Section 139(8A) and Form ITR-U Section 139(8A) of the Income Tax Act, 1961 governs the filing of Updated Returns through Form ITR-U. Under the Income-tax Act, 2025, the […]
-
-
-
April 13, 2023 By Steffy A
TDS on NSS Withdrawal Under Section 194EE: 2025 UpdateTDS on NSS Withdrawal in Income Tax Act 2025: Section 194EE Introduction The National Savings Scheme (NSS) was introduced to encourage long-term savings among taxpayers while offering tax deductions on eligible deposits. Over the years, withdrawals made from NSS accounts […]
-
-
-
April 10, 2023 By Steffy A
Comprehensive Guide for TDS Deduction on Rent under Section 194-ITDS deduction on rent under section 194I: Explained Introduction Section 194I of the Income Tax Act earlier governed the rules related to TDS on rent in India. Under this provision, tenants were required to deduct tax before making rent payments […]
-
-
-
April 10, 2023 By Steffy A
TDS on Payment under Specified Agreements: Under 194MTDS on Payment under Specified Agreements: Section 194M Introduction TDS on payment under specified agreements applies to certain high-value payments made by an individual or Hindu Undivided Family to a resident contractor, professional, commission agent or broker. The purpose of […]
-
-
-
April 6, 2023 By Steffy A
A complete guide on Section 194N of the Income Tax ActSection 194N: TDS on Cash Withdrawal Rules & Limits Introduction Section 194N was introduced under the Finance Act, 2019 and became effective from 1st September 2019. The purpose of this provision was to reduce large cash transactions and encourage digital […]
-
-
-
March 30, 2023 By Steffy A
Section 43B of the Income Tax Act: Deductions & RulesSection 43B of the Income Tax Act 1961: Conditions & Exceptions Introduction Many businesses record expenses in their books before making the actual payment. Section 43B of the Income Tax Act 1961 was introduced to ensure that certain deductions are […]
-
