Last year, CBDT, by way of Circular No 20-2020, released on 03.12.2020, has provides some clarification for the “...
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There is a multifarious audit that takes place under different laws such as statutory audit/company audit conducted...
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The Professional Tax is a tax imposed on an individual in any trade, profession, employment, and calling in West Be...
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GST implementation has revolutionized the Indian taxation infrastructure by subsuming various taxes under one hood....
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The concept of TDS came into existence to collect Tax from the non-exempted source of income. As per TDS, an indivi...
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Are you wondering how to file an income tax return for the deceased person? Surprisingly, the tax authorities have...
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Every taxpayer under Goods and Services Tax is bound to file a return for every tax period. It may be possible that...
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Black money in our nation is circulated continuously. It can affect the fiscal resilience and eventually jeopa...
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Each financial year individuals with a yearly income of more than INR 2.50 lakh are mandated to file a tax return w...
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The tax deduction at source (aka TDS) has been rather beneficial in tax collections in the country by covering the...
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The entire salaried class individual is liable to file ITR every year. The Indian government has put those outside...
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It is a common business process to send goods on approval basis. Hence, many times these goods are returned by the...
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Every taxable person is responsible to pay tax on ad-valorem basis meaning “according to the value” the person...
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Every income earning citizen of India is subject to The Income Tax Act, 1961, and the Income Tax Rules, 1962, and...
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