A partnership firm is regarded as a separate person as per the Income Tax Act and GST Act, Once the partnership deed is prepared and signed by all the partners, Continue reading “Income tax return filing and GST registration for partnership firm”
Income tax is a tax collected on the income of a person earning income in India or income source in India or income earned by a person in India. Continue reading “How income tax is calculated under Income Tax Act?”
Income tax return filing is one of the major activities in Income Tax Act compliance, Continue reading “Advantages available to small business owners in Income Tax Act and compliance required.”
Income tax online payment is facilitated to provide an easy and efficient tax payment system, and it is now managed by NSDL E-Governance Infrastructure Limited. Continue reading “Usefull tips on how to make income tax online payment”
Continue reading “Income tax slab rates for financial year 2023-2024 for individuals”
TDS means tax deducted at source it means income tax is deducted by the person who makes the payment from the amount paid, and the balance is paid. The amount so deducted is Continue reading “Know it all about TDS return filing, TDS due dates”
Income tax salary return filing is an easy task compared to other income tax returns, like income tax capital gains returns, and income tax business returns Continue reading “How to file income tax salary return ?”
Capital gain taxation is introduced in order to tax transactions involving capital assets that are considerably valued higher in a practical sense. Continue reading “Capital gains tax on sale of property”
Income tax return filing is one of the top priorities for every business intending for proper compliance. The importance of income tax filing is well known by businessmen who wish to expand their business Continue reading “Importance of optimizing income tax and loan goals”
