Can You Change the Tax Regime When Filing Your Income Tax Return?
Can You Change the Tax Regime When Filing Your Income Tax Return?As the Income Tax Return filing deadline nears, you might be wondering if you can switch between the old…
Can You Change the Tax Regime When Filing Your Income Tax Return?As the Income Tax Return filing deadline nears, you might be wondering if you can switch between the old…
How to Choose the Right ITR Form for FY 2023-24 (AY 2024-25)Filing your Income Tax Return (ITR) correctly is crucial, and understanding which form to use can make the process…
Section 10 Of Income Tax Act_ Exemptions, Allowances & How To Claim ItHello Folks!!!Today, we are going to discuss about the Section 10 of Income Tax Act,The Government of India…
Steps to register private limited companyWhat is a Private Limited Company?A private limited company is a business structure typically used by small businesses. In this format, ownership is restricted to…
Valuation Report A Valuation Certificate is an essential document that determines the value of a company or an asset. It is provided by a certified valuer after performing a detailed…
Long-Term Capital Gains(LTCG): Tax Rates, How to Calculate, Exemptions and Examples Profits or gains resulting from the sale or transfer of capital assets, including property, shares, bonds, and vehicles, are…
What is Section 115BAC – The New Tax Regime?Section 115BAC, introduced in the Budget 2020, established a new tax regime effective from FY 2020-21 (AY 2021-22). This regime offers reduced…
How To Fill Form 10E To Claim Relief Under Section 89(1)?Relief Under Section 89(1) of the Income Tax ActSection 89(1) of the Income Tax Act provides relief for income received…
Form PAS-6: Reconciliation of Share Capital Audit ReportForm PAS-6 is a half-yearly report required from unlisted public companies, detailing changes and status of share capital. This form must be submitted…
Quick to Correct Form 26QB Online on the TRACES WebsiteThe Form 26QB correction online process is crucial for property buyers who file TDS under Section 194-IA. With the enhanced TRACES…
Advance Tax Under Income Tax Act, 1961Learn about Advance Tax according to the Income Tax Act, 1961. Understand compliance procedures, methods for revising income estimates, key deadlines, exemption criteria, applicable…
For years, F&O traders faced tax audits simply because their turnover exceeded ₹10 Crore. This was due to the formula used for calculating trading turnover, which included option premiums, often…
You can cancel your GST registration if your business is no longer subject to GST rules, you are closing down your business, or if a tax officer initiates the cancellation.…
Leave Encashment - Tax Exemption, Calculation & Formula With Example, RulesHave you heard of the term ‘leave encashment’?Leave encashment is a familiar concept among salaried individuals, allowing employees to convert…