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Income Tax Return

Are You Valuing Professional Services the Right Way?

July 12, 2025 CA. Kalpesh Karia
Valuing Professional Services the Right Way

There’s an irony we often overlook — people usually value tangible goods like gold, cars, or mobile phones far more than they value intangible professional services. In many cases, price becomes Read more […]

Categories Leadership Tags Income Tax Return, Personal Finance Leave a comment

How is Interest Calculated Under Section 234A ?

November 17, 2022 CA. Kalpesh Karia
Interest Under Section 234A

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 […]

Categories Income Tax Tags Income Tax Rates, Income Tax Return Leave a comment

What is the Future of Income Tax in India ?

January 11, 2023September 14, 2022 CA. Kalpesh Karia
Future of Income Tax in India

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 […]

Categories Income Tax Tags Income Tax Rates, Income Tax Return Leave a comment

How to Claim Deduction in respect of Health Insurance Premium

May 17, 2021January 5, 2021 CA. Kalpesh Karia

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 […]

Categories Income Tax, Personal Finance, Tax Planning Tags Deductions, Income Tax Return, Personal Finance Leave a comment

Government extended due date of Audit and ITR for AY 2020-21 ( FY 2019-20 )

December 31, 2020December 30, 2020 CA. Kalpesh Karia

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 […]

Categories Income Tax Tags Income Tax Return, Press Release Leave a comment

Understanding ITR Forms for AY 2020-21 (AY 2019-20)

December 24, 2020 CA. Kalpesh Karia

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 […]

Categories Income Tax Tags Income Tax Return Leave a comment
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