A Comprehensive Guide On Taxation On Imported Clothes Introduction Taxation on imported clothes, including import duty on fabric, plays a significant role in the global garment industry. As fashion trends continue to go beyond borders, consumers and businesses often seek […]

What are the benefits of Scrutiny Assessment on Tax Compliance & Revenue Collection? Introduction Scrutiny assessment is a process conducted by tax authorities to ensure tax compliance and increase revenue collection. The assessment involves a detailed review of a taxpayer’s […]

Compliance Calendar for the month of October 2023 As we all know, businesses of all sizes and types engage in various transactions, including sales and purchases. For every business transaction, there are certain responsibilities that a business owner must fulfill […]

What is the Importance of Form 10 BD Statement of Donations? Introduction Form 10BD is a statement of donations received by an entity registered under Section 12A, 12AA, 10(23C), or 35AC of the Income Tax Act. The purpose of this […]

What are the Key Differences Between Form 10BD and Form 80G? Introduction When it comes to making donations, donors often look for ways to maximize their tax benefits. The Income Tax Act, 1961, provides several options for donors to claim […]

What are the due dates for the payment of state-wise Professional Tax? Introduction The professional tax filing date in each state is different and must be remembered by all company owners. They should also be aware of their state-wise professional […]

Common Mistakes to Avoid during the Provident Fund (PF) Withdrawal Process Introduction Withdrawing money from your Employee Provident Fund (EPF) account is now easier than ever with the introduction of online processes. Online PF withdrawal allows individuals to access their […]

Understanding the Role of TAN in e-TDS Return Filing Introduction In the digital age, the process of filing TDS (Tax Deducted at Source) returns has undergone a significant transformation. With the rise of e-filing and online platforms, businesses can now […]

What is Form CHG-4 in ROC Compliances? Introduction The Registrar of Companies (ROC) is a government office that oversees the registration and regulation of companies in India. ROC compliances refer to the legal requirements that companies must follow to remain […]