Compliance Calendar: Month of December 2020 The Month of December, 2020 is very significant with regards to the statutory due dates for ROC filing, GST return filings and Income tax filing falling in this month. A lot of due […]
Compliance Calendar: January 2021 The Month of January, 2021 is very significant with regards to the statutory due dates for ROC filing, GST return filings and Income tax filing falling in this month. Tax Compliance and Statutory Compliance calendar for […]
Penalty Under Section 234F of the Income Tax Act, 1961: A Detailed Insight The Income Tax Act of 1961 serves as the foundation for tax compliance in India, detailing the rules and regulations for the filing of returns and the […]
Software based ITR filing V/S ITR filing by consultant- What is advisable and why? Income Tax Return Filing Income Tax Return is an important task and a duty which needs the utmost precision and care. Especially when there are different […]
ITR filing for FY 2019-20- Know when to file Company ITR and audit reports. Important due dates you cannot afford to miss Important Update- Due date for Income Tax Return Filing has been extended The due date for filing Income […]
Verification of Income Tax Return Income Tax Return Verification Once you file an Income Tax Returns, it is mandatory to verify the same within 120 days from the date of filing the returns. In case one does not verify the […]
Components to include in Director’s Salary Structure to reduce tax burden- Tax planning for the Director & Company. As a law-abiding citizen, it is a moral duty to pay the taxes which are a fee charged by the government on […]
Unique Document Identification Number: Frequently Asked Questions To begin The UDIN (Unique Document Identification Number) is an initiative introduced by the Institute of Chartered Accountants of India (ICAI) to prevent misuse of certificates and reports issued by Chartered Accountants. Over […]
Amendments in Form 26AS- Income Tax Passbook What is Form 26AS? Every individual or company that has deducted taxes must credit that amount to the government via banks. Form 26AS is an annual consolidated tax statement generated by the Income […]
