Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Income Tax Appellate Tribunal (ITAT), Kolkata has ruled that the Assessing Officer is not able to validate the information of the Tax Deduction at Source (TDS) via the related party and deletes addition. While at the time of the scrutiny assessment of the petitioner, M/s. Jai Balaji Industries Limited, the Assessing Officer ruled that […]
Income can be defined through the earnings of the person when he gets compensation for his work, services, or investments. For the businesses, the income is directed to the revenue which is being generated by the businesses by selling their goods or services from their operations. The definition and explanation of income are given in […]
Introduction of Section 68 Under Income Tax Why Section 68 was introduced under the Income Tax Act, of 1961? There was a need and importance to start the provision of section 68 beneath the Income Tax Act, of 1961 to protect the interest of the revenue as the taxpayer was involved in harmful tax practices […]
Every individual who comes under the income chargeable to tax is needed to furnish the ITR to declare their income along with the tax liabilities. However, the income tax laws in India issue the collection or deduction of the tax at source (TDS/TCS) itself. The same gives the assurity about the regular flow of the […]
The insurance industry is going from a typical time where the life insurance claims increase because of covid-19. The increase in the claims and the attendant payouts which life, as well as medical insurance firms, suffer 30% surge in premiums as reinsurers see towards recovering the losses. But the insurance premiums in India are still […]
On the capital gains, the NRIs who are selling the house property located in India need to pay tax. It just relied on the short-term or the long-term capital gains on which tax is to be paid. The tax on the long-term capital gain is when the house property is sold post to the duration […]
The upcoming budget is expected with the hope that the taxes will be exempted, particularly for the salaried people. Budget 2025-26 is coming at a time when the economy is going to recover. People’s income has been affected by this as they lost their jobs, pay cuts were executed, and various businesses were forced to […]
The Proper Definition of Salary Slip Employee salary slip is a document given by the employer to the employee upon receiving of income every month and has complete details including gross salary to net salary with deductions. All information can be seen in a proper salary format which is prescribed by the government. It shall […]
In this article, we have listed the best TDS software in India according to the reviews and ratings by professionals. This software can reduce the tax burden of Indian CAs (Chartered Accountants) and professionals along with error-less preparation of TDS compliance. List of Top TDS Return Filing Software for CA and Professionals As mentioned in […]
