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The ITR-3 Form can be filed by those Individuals and Hindu Undivided Families who earn income from a Proprietary business or by practising his/her profession. However, when an individual/HUF earns income as a partner of a partnership firm that is carrying out business/profession, he can file an ITR-3. Latest Update File ITR 3 Via Gen […]
GSTR 9 is an annual return form for all the taxpayers which has to be filed before 31st December every year. The annual form consists of all the SGST, CGST and UTGST transactions and has to be included in the form GSTR 9 mandatorily.
A new format for Form 16 has been notified by the CBDT (Central Board of Direct Taxes), which is the ‘salary TDS certificate’. This new format will break down the tax-exempt allowances in detail, which are paid to the employee and apart from this, the entire tax breaks that are claimed by the taxpayers. Salary […]
A slump of 3.46% is witnessed in Apparel exports in F.Y. 2018-19 in comparison to the year-earlier period. Last financial year the Apparel exports were worth $16.13 billion while in the year-earlier period it was worth $16.71 billion.
Statistics reveal the increasing credit card frauds in the past two years. The credit card frauds have taken a toll in the Mumbai city and have risen by a massive 42 per cent. So, it is to make you aware of the increased chances of credit card fraud if you are the owner of one! […]
GSTR 9C is an annual audit form under goods and services tax which has been released for all the business units having turnover more 2 crores annually. The form undertakes auditing part of such business transactions.
The MSME registration procedure in India has now become easier for businesses. To add to this, the Government of India also offers a wide range of benefits and schemes to the MSMEs, which they can avail easily. Latest Update What are Micro, Small and Medium Enterprise? The Micro, Smal, and Medium Enterprise (MSME) sector plays […]
A smart humanitarian step regarding GST elimination on the equipment, including wheelchairs, crutches and hearing aids by an 11 years old schoolboy.
The latest financial year has introduced a new attestation to be clubbed with the ITR -1 form. Now the taxpayers will have to provide a full break-up of the interest income and income from any other sources received during the year while filing the basic income tax return (ITR) form ITR 1 for FY 2018-19.
