CBDT gives relief to the taxpayers by granting Extension in various due dates for Income Tax Filing As the country is facing a severe crisis and the whole country is struggling to cope with the pandemic, the central Board of […]
Income Tax Return Filing- Online ITR filing for the FY 2020-21 (AY 2021-22) The government has notified the ITR (income tax return filing) online forms for the FY 2020-21 via a notification dated March 31, 2021. Amid the on going […]
Compliance Calendar for the month of May 2021 The pandemic strikes even harder than the last year. The situation is getting worse everywhere but simultaneously it is important for the businesses to stay compliant with various compliance during the year. […]
Compliance Calendar for the month of April 2021 The new Financial year 2021-22 has began and being the first month of the financial year, April 2021 is a significant month from the point of view of the tax compliance and […]
Errors and corrections in Form 26AS of Income Tax Act? The last date of filing an income tax return has just now passed and by now most salaried individuals would have received their Form 16 from their employer and have […]
Tax Structures for Private Limited Company When entrepreneurs establish a business, they must choose a structure that aligns with their operational, financial, and regulatory needs. Among the most popular business entities in India is the Private Limited Company (Pvt Ltd), […]
Documents required for finalizing Income Tax Return What is ITR? ITR stands for Income Tax Return. It is a form for submitting data on income from multiple sources and paying taxes to the Income Tax Department. It contains the complete […]
Compliance necessity in India- Where does India stand compared to other countries? Compliance Complexity in India In recent times, India has emerged as the biggest and fastest growing economy in the world. The government of India’s “Make in India” campaign […]
Income Tax return Filing- Extension of due dates The Finance Ministry has again extended various due dates for filing of Income Tax Returns and various audit reports for the Assessment year 2021-22 under the Income Tax Act, 1961. The decision […]
