Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Most of the taxpayers in India take a helping hand from a Chartered Accountant to file tax on behalf of them. CA, being an expert in legal and tax compliances can easily get you out of the tosses of tax compliances. If you are one of the many taxpayers who seek help from the CA […]
As the Indian Government is enthusiastic about bringing in more and more digital modes for tax filing and payment, it may soon consider tax payment valid via credit card, Unified Payment Interface (UPI) or even prepaid wallet declared a government official. The government is determined to shift towards more digital modes of tax payment apart […]
According to reports, the government is under a heavy onus of fiscal deficit. Apart from this, the growth rate has been steadily decreasing and investors have not yet invested as much as is anticipated. Budget preparation has already begun and there are many challenges before the government, such as the slowdown in the growth rate […]
The Income Tax Department is intending to scrutinize the business of Flipkart and Amazon starting with the details of their top five sellers in India. The motive behind the scrutiny is to check whether these top and most competent online e-commerce portals are obedient to the Goods and Service Tax regime. Alternatively, it appears to […]
Determining the residential location of the taxpayer is equally important for the tax department as verifying other documents. But why? Well, it is already known that the earnings of the registered taxpayer from any source present (property or business) in India are taxable under the law. Another major factor that determines the tax liability of […]
Income Tax officials of India spouted off their objection against the new faceless tax assessment programme launched by Prime Minister Narendra Modi to eliminate the corruption & increase the tax collection, a joint letter by tax unions showcases. Delegates of Income Tax Gazetted Officers’ Association & Income Tax Employees Federation wrote a joint letter to […]
The new e-assessment scheme has been initiated by the Income Tax department and many e-notices have been sent to the assessees whose case has been selected by the IT officials for the scrutiny. The new e-assessment scheme 2019 is in its first phase and the notices were sent before 30th September 2019. So, the taxpayers […]
The rules related to the Re-Issue of Income Tax Refund Requests were very simple to follow. Unlike the initial processing of the Income Tax refund when the refunds were directly credited to your bank account, now the PAN association with the bank account & pre-verification of the bank account is mandatory to get your income […]
Consistent on making tax payment a complete electronic mechanism government introduced online e-return forms, e-payment methods and various e-assessment techniques. To this I-T department on Monday declared that it had taken up 58,322 cases of e-assessments cutting out submission of hard copy or personal appearance of the taxpayer. A step forward towards completely transforming assessment […]
