What is Advance Tax? Advance Tax Due Dates, Payments & Calculation
Advance tax means income Tax should be paid in advance instead of lump sum payment at year end. It is also known as pay as you earn tax. These payments have to be made in instalments...
ITR filing of deceased person
ITR filing of deceased person:
In order to file the ITR of the deceased in the capacity of a legal heir, the first step is to register oneself as a legal representative of the deceased...
Importance of filing Income Tax Return (ITR)
ITR for FY 2019-20 (AY 2020-21) Due Date is 30th November.
Importance of filing income tax return
An income tax return is a legal document that stands as your proof of income. Even if you are...
Submit Letter of Undertaking (LUT) for FY 2022-23 by 31.03.2022
What does LUT under GST means?
LUT in GST: Full form/meaning is Letter of Undertaking. It is prescribed to be furnished in the form GST RFD 11 under rule 96 A, whereby the exporter declares...
Highlights of Union Budget 2022-23
Please find below Highlights of Union Budget 2022-23.
General
Paperless Budget. Presented on Tab by the FMEconomic Growth to be 9.2% for FY 2022-23Railways to develop projects for MSME small businessesECLGS Scheme extended till March 2023E-Passports...
ITR related Provisions
1) Who all need to file their tax returns?
If your gross total income (excluding deductions) exceeds the basic exemption limit of income above which tax is charged, you need to file ITR.
People spending over ₹2...
What is Advance Tax? – Advance Tax Calculation, Due Date & Payment
Advance tax means Income Tax should be paid in advance instead of lump sum payment at year end. It is also known as pay as you earn tax. These payments have to be made in instalments...
ESIC extends contribution depositing for August to 22nd September 2022
The ESIC has extended the deadline for filing of ESI contribution for August 15th, 2022 to 22nd September, 2022 instead of 15th September
Aadhar Authentication Mandatory for GST Registration w.e.f. August 21, 2020
Notification No. 62/2020 – Central Tax dated August 20, 2020 being issued to bring in change in GST Registration Procedure.
The CBIC vide Notification No. 62/2020 – Central Tax dated August 20, 2020 has made certain amendments in...
