How to file Income Tax Return for Sole Proprietorship in India? And FAQs on Income Tax Return for Sole Proprietorship in India Introduction A proprietorship, like other incorporated firms such as partnerships and corporations, must pay tax on its earnings. […]
Everything you need to know on Remuneration to LLP Partners, Eligibility Criteria, and Maximum Remuneration to Partners in LLP allowable by Income Tax Department Introduction The Internal Revenue Service has issued a number of detailed instructions regulating the remuneration granted […]
All you need to know about income tax exemption in India Introduction This article explains income tax exemptions in India, specifically income that is not taxed under Section 10. Income tax is charged on individuals or businesses earning above a […]
Professional Tax in Maharashtra: What It Is & How to Pay It Online? Introduction The MahaGST website makes it simple to pay professional tax in Maharashtra. In fact, for those who pay on a monthly basis, e-payment is required. If […]
All you need to know on Different Taxes in the USA, Corporate Tax in the USA, and Federal Corporate Income Tax Introduction It’s critical to understand your federal, state, and local tax obligations as a business owner. This will help […]
What is Section 115BAC? And CBDT Clarification on Section 115BAC of Income Tax Act, 1961 Introduction The Finance Act of 2020 added a new section 115BAC to the Income Tax Act, which allows an individual to select between the real […]
Taxable Income in India – “How to calculate Taxable Income in India?” Introduction Knowing what items to include and avoid when calculating your taxable income is essential. After the Union Budget is presented, the Income Tax Calculator is an easy-to-use […]
A complete guide on What is Form 26AS?, How to Download Form 26AS? And FAQs on Form 26AS of Income Tax Form 26AS, often known as a Tax Credit Statement, is one of the most important tax forms for any […]
All about Cost Inflation Index for the FY 2021-22 (The assessment Year 2022-23) The Cost Inflation Index analyses the projected annual increase in the cost of goods and assets due to inflation. It is determined by the Central Government and […]
