Complete Guide to Finance and Taxation
Background: As per Finance Bill 2021, it is proposed by government to deduct TDS @ 0.10% on purchase of Goods with effect from 01.07.2021 as per section 194Q of Income Tax Act , 1961. Tax Deduction at Read more […]
Dear Readers , Please find below the Copy of Finance Bill 2021 (Memorandum) for your reference. Click to Download Finance Bill 2021 ( Memorandum ) FinanceFriend.in Read more […]
Background – Deduction in respect of health insurance premium: Post covid scenario, People are buying health insurance policy. You may have also purchased health insurance policy for the first Read more […]
Government has extended due date of Audit and ITR . Please note summary as below. You can refer below press release in this regard Summary Individual ITRs: 10th Jan, 2021Tax Audit and other Audits: Read more […]
Sometimes it is difficult to identify which ITR to be filed for AY 2020-21. Below list will provide you clear details which ITR is applicable in your case. You can select relevant ITR in your case . ITR Read more […]
Due date for filing Income Tax return for AY 2020-21 ( FY 2019-20) is 31st December, 2020 for taxpayers who are not required to get their accounts audited and 31st January, 2021 for taxpayers who are Read more […]