Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
Did you furnish a less amount of tax refund with respect to your claim during filing of the ITR for FY 2020-21? If yes then there are similar people who pose the same issues there are various tax returns filers this year who received lower tax refunds this year. The reason behind this was that […]
The investigation of the books of accounts of the assessee is called a tax audit which is done by the Chartered Accountant under the Income Tax Act 1961. Section 44AB functions through the situation beneath which the tax audit gets essential for specific assessments. The thought of the tax audit is to validate the preciseness […]
When you furnish the ITR in the current year through pre-filled forms then you can not claim the specific tax deductions which do not show on your Form 26AS or new I-T Annual information statement and thus do not get auto-populated in the income tax return forms. You do not need to think about furnishing […]
The thought of the small company was started in the Companies Act 2013 to furnish specific benefits for small businesses that are functioning as private limited companies. Small companies are the supporters of the country’s economy. What is a Small Company? Small companies are said to be private limited companies, partnerships, or sole proprietorships that […]
The government of India has declared in the union budget for 2019 an incentive to buy electric vehicles (EV). Inside the budget, the finance minister has specified that the advanced battery and the enrolled EVs shall motivate by the policy. Latest section 80EEB of the income tax act 1961 has started which permits the tax […]
This is the time of year when employees of many firms start receiving requests to share details of their tax-saving investments with their employers. However, before that, you have to choose whether you want to opt for the new tax regime or the old tax regime. Budget 2020 has come up with a new tax […]
With the better feasibility despite the former jobholders seems to do the freelancing on the sideways in all the industries along with the sales, education, delivery, IT, and data processing. The supplemental income earned via independent work needs to be provided to the tax below the income tax act. Income Tax Return On Freelancing The […]
The status of the residential person poses an essential role in finding out the method of his or her income that shall come under the tax for that year in India. Moreover, non-resident Indians NRIs and Persons of Indian Origin (PIOs) are very careful in preparing their stay in India for the specific year so […]
The Chennai bench of the Income Tax Appellate Tribunal (ITAT) ruled that the rental income obtained via sub-leasing of the property comes under the income of business of the taxpayer as this comes under the business of the taxpayer’s organization. Prior to that, the assessing officer treated the lease rental income earned through the taxpayer […]
