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 and new tax regimes while filing your returns. The answer is…
As the Income Tax Return filing deadline nears, you might be wondering if you can switch between the old and new tax regimes while filing your returns. The answer is…
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…
Section 154 of the Income Tax Act, 1961, Section 154 provides a possibility for the assessing officer to rectify any mistakes or errors in the income tax records that were…
Defective ITR U/S 139(9) A defective return u/s 139(9) reveals that a taxpayer has made any mistakes or found any incomplete or inconsistent information in ITR (Income Tax Return). If…
Foreign Tax Credit (‘FTC’) According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India. Many Indian residents migrated abroad to countries like…
This is common in human to make mistakes likewise we may have made mistakes while filing an Income tax return. It is quite common question, how to revise the income…
In this article, we have discussed about mandatory Filings of Limited Liability of Partnership. In India, for all purposes of taxation, An LLP is treated like any other partnership firm.…
In this article we will discuss about benefits of filing itr and Who is required to do compulsory filing of ITR? In following cases filing of ITR is mandatory.Thus in following case…