• twitter-icon

Search results for: Income Tax Act

How to Use Income Tax Section 89(1)?

Tips Using Section 89(1) for Burden Reduction from Liabilities

Covid-19 makes the employees suffer from a salary cut. However, when this gets rectified, the salaries of various employees were restored, and some of them even obtain bonuses. Tax experts specified that “Salary is taxed in the hands of an individual on due or receipt basis, whichever is earlier. However, if an individual receives a […]

6 Additional Details for Taxpayers in ITR Forms

ITR Forms’ Additional Details Which Assessee to Give for FY 2021-22

The income tax department has mentioned the latest Income tax return forms for the assessment year 2022-23. The assessee needs to show the pension source, interest received from the EPF account, date of purchase or sale of land, and additional things. Below is the list of 6 additional things which taxpayers need to save before […]

SDMT Working Process with Demo

SDMT: Project Setup, Configuration, Database, and UI Builder

SAG Infotech is a leading tax software development company in India since 1999 with Income Tax, TDS, MCA and GST software. The company holds a well-built network in more than 80 cities network with a strong base of 50,000+ clients across India. A total of 200+ technical executives as the company holds 9 certifications and […]

ITAT Bangalore Order for M/s. Madanthyar Primary Agricultural Credit Co-operative Society

ITAT Directs New Adjudication as No Response of Notice Due to COVID

For the taxpayer ruling the Bangalore bench of the Income Tax Appellate Tribunal (ITAT) comprising Shri N. V. Vasudevan, Vice President, and Shri Chandra Poojari, accountant member sees that the fact that taxpayer losses to answer to income tax notices because of pandemic situation is a reason for the delay and hence rendered the income […]

Important GST Reminders for Freelancers

Must-know Major 3 GST Reminders for Freelancers in India

From the pandemic, people get much more affected. Working from home became a new normal for various companies, also the demand for freelancers gets raised. These freelancers are not only restricted to one company, they are indeed providing their services to the other companies. Sometimes freelancers feel so restricted with the specific projects while they […]

MCA Portal Statutory Filings with Security Features

New Statutory Filings in MCA Portal Get Advanced Security Elements

Ministry of corporate affairs shall present a newer and user interactive version of its compliance portal along with some other security patches for preventing the bogus activities and errors in furnishing the legal documents by the companies. The latest company module shall get incorporated in some months. The latest version of the MCA21 portal would […]

New Income Tax Rules of PAN for Cash Transaction and Withdrawal

PAN IT Rules for INR 20 Lakh Withdrawal, Opening Bank Current Account

From May 26 onwards, anyone who deposits or withdraws Rs 20 lakh or exceeds from one or more bank accounts in a fiscal year shall need to quote the Permanent Account Number (PAN) during the withdrawal time.  Towards the purpose of restricting the evasion of taxes via the use of cash, theĀ  Central Board of […]

CBIC Chairman Secret GST Plan for Revenue Buoyancy

CBIC Chairman Secretly Discloses Plan for GST Revenue Buoyancy

The GST collection of April has crossed Rs 1.5 lakh cr, it is for the first time and the Rs 1 lakh cr mark for the tenth month in a row. Also, Rs 1.35 lakh crore per month is been expected to come in the same fiscal said by Central Board of Indirect Taxes and […]

All About MCA LLP Form 8

Simple Guide to Form LLP 8 Filing with Due Date & Penalty

What is MCA LLP Form 8 MCA form LLP 8 or statement of account and solvency composes a filing which should be furnished every year by all limited Liability Partnerships (LLPs) enrolled in India. No matter whatever the turnover of the LLP is, Form 8 must be filed with the Ministry of Corporate. Due Date […]

Follow Us on Google News

Google News

Latest Posts

New Offer for Professionals

Huge Discount on Tax Software

Upto 20% Off
Tax, ROC/MCA, XBRL, Payroll, Online GST

Limited Offer, Hurry

Easy to File Tax/GST Returns

Upto 20% Off on Tax Software

    Select Product*

    Genius Software