Income Tax and GST Blog

Is Your Diwali Gift & Bonus Taxable: Find Tax Implications Finally, It’s that time of the year, “DIWALI,” the festival of lights and one...

In this post, we will look at the provisions relating to mandatory Income Tax Return filings. Section 139 (1) of the Income Tax Act,1961...

Taxation on Crypto Currency: Guide To Crypto Taxes In recent years, the popularity of cryptocurrencies has significantly increased, with...

We all know that Life Insurance Policies give insurance cover and are also eligible for deduction under Income Tax. Here we will discuss...

The Income Tax Department has recently i.e. on 21st April,2022 has come up with a notification prescribing certain conditions on...

The Income Tax Return filing is completely online now. Many times it may happen that we forget the login password. Without the login...

. Statutory Compliance ​ Income Tax Return is to be necessarily filed in India if your Gross Total Income exceeds Rs.2.50 lacs (for...

A fter having filed the Income Tax return, the most common notices which the taxpayer may receive is regarding the defective return u/s...

Trusts, Societies, or Section 8 companies do charitable or religious work and are often called NGOs or NPOs in general terms. i.e. they...

You are reading an older version on How to Register at Income Tax Website. We are yet to update this article. Kindly Contact one of our...

This year i.e. 2020-21 was an exceptional year with the world witnessing and going through tough times due to pandemic i.e. Covid-19. In...

Generally, when an IT return is filed by any taxpayer, the Income Tax Department processes the ITR within a reasonable time, and...

There are instances when a taxpayer who has deceased during a particular financial year and the IT return for the same is to be filed or...

Finance Minister Nirmala Sitharaman has presented the Union Budget for F.Yr.2021-22 on 1st Feb.2021. The key direct tax proposals in the...

The deadline for IT returns filing in case of Individuals and Non-audited cases have ended on 10th January 2021 and the Govt has provided...

As you may be aware that the last date to file IT returns for all persons (other than audited assesses) is 31st Dec.2020 which is...

Every Person whose total income exceeds the maximum amount not chargeable to tax is required to file Income Tax Return for the F.Yr....

A new Section 115BAC has been inserted in Income Tax for the A.Yr. 2021-22 to provide an alternate tax regime to Individuals and HUF. As...

Which ITR to File? - Know complete information on all seven types of Income Tax Return(ITR) Forms.

Income Tax return has to be filed online now-a-days. After filing online Income Tax return, the signed ITR acknowledgement has to be...