Compliance Calendar January 2022 Starting, owning, or doing a business in India comes with important compliance that a business irrespective of its structure, has to adhere to during a financial year. Be it filing of Income Tax Return or GST […]
All about Section 80G of Income Tax Act, and 80G Deduction allowed under Income Tax Act Introduction Section 80G focuses on charitable giving and is one of the best ways to save money on taxes, not only that but it […]
All about Remuneration to partners in Partnership Firm Introduction The Partnership Firm, like any other business, was founded with the primary goal of profiting from the market. A reward is given to an individual in any type of firm when […]
Form 16: What It Is, How to Download & File ITR with It? Introduction Form 16 is related to income tax and is used by businesses to offer information on tax deductions to their salaried employees. If you’re not sure […]
Income Tax TDS Online Payment, and TDS Online Payment Procedure Tax Deducted at Source, is a method used by the Indian government to collect Income Tax. Tax Deducted at Source (TDS) ensures that the government gets income tax from the […]
TDS Interest on Late Payment, and TDS Late Payment Penalty Introduction The Income Tax Department imposes TDS Interest on Late Payment and TDS Late Payment Penalty when businesses delay depositing TDS. It charges interest for each day of delay and […]
All about Form 15G and Form 15H Forms 15G/15H are self-declaration forms that must be provided by the Assessee to his banker in order for Tax Deducted at Source on interest on recurring deposit/fixed deposit at a lower or nil […]
Compliance Calendar December 2021 Starting, owning, or doing a business in India comes with important compliance that a business irrespective of its structure, has to adhere to during a financial year. Be it filing of Income Tax Return or GST […]
About the Income Tax Annual Information Statement (AIS) The Income-Tax Department has released a new AIS (Annual Information Statement) that incorporates new categories of data such as dividends, interest, mutual fund transactions, international remittances, and securities transactions. This blog will […]
