Complete Guide to Finance and Taxation
Yes, you have to pay Interest to the Government in case you don’t pay taxes on time and don’t file a return on time. If you are filing Income Tax Return (ITR) without professional help or using any software Read more […]
Have you heard that only ~ 2 crore Indians are paying Income Tax in India ? As on date, 6.16 crores Tax payers have filed their returns for AY 2022-23 in Income portal out of population of 138 crore .Finance 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 […]