Private Limited Company Registration in Chennai: Cost, Documents & Procedure
Introduction Are you planning to start your business in South India’s vibrant and fast-growing economy? Then, Private Limited Company Registration in Chennai is your first step towards building a legal, scalable, and trustworthy business. Chennai, often
Startup India Registration Services in Salem – Fast & Easy Process
Introduction Are you a budding entrepreneur looking to kickstart your business journey in India? Then you’ve probably come across the term "Startup India Registration". This is a government-backed initiative launched to promote innovation, support budding
IT Department to validate UDIN given by CA’s in Tax Audit Reports
The Institute of Chartered Accountants of India (ICAI) has been receiving a no. of complaints of fake signatures of CAs being forged by fake CA, So, It was brought to the notice that financial documents or the certificates attested by the third person
What are the Major changes introduced in ITR 2 for AY 2019-20?
Major changes introduced in ITR 2 for AY 2019-20 Given that ITR-1 is not applicable for the RNORs and the non-residents, they have to necessarily go with ITR-2 for filing their return of income The applicability of ITR-2 has been made more clear in as
Who is eligible to file ITR 2 for AY 2020-21 and AY 2021-22?
The income-tax department has categorized taxpayers on the basis of income, source of income and many other factors to ensure easy compliance. Taxpayers having incomes from different categories, thus, have to download and fill different Income Tax Return
Who is Eligible to File ITR 1 for AY 2022-23?
To make tax compliance easier, the income tax department has categorized taxpayers into many groups based on income and its source. So, you need to file your returns accordingly. ITR-1, also known as Sahaj Form, is for person with an income up to Rs.
Is Stipend Income Taxable in India?
Taxation of Stipend Income/Earnings has been a matter of much discussion. From a purely factual standpoint, there is nowhere mention of a 'stipend' in the Income Tax Act. 'Salary' received by an 'employee is taxable in the hands of the employee/assessee.
Which Income Tax Regime is better for me for AY 2021-22?
While figuring out whether to choose the old or the new tax regime might look complicated, if you approach it in a systematic way, it is not that difficult to figure out. Here is what you need to do – Calculate all the exemptions that you are availing:
How to deal with an Income Tax Notice?
Income Tax Notice is not a summon or something to worry much about in the first instance if you know you have not done anything wrong. Do not panic when you get one; oblige the notice. First, file a proper response to the notice, and furnish the documents
What is the due date to file ITR for Companies for AY 2021-22?
Income Tax Return Due Dates Extended for AY 2021-22: The Government has extended the due date of filing ITR for Assessment Year 2021-22 for individuals by two months till September 30. The Central Board of Direct Taxes (CBDT) also extended the ITR filing