Income Tax Articles

Income Tax on Content Creators & YouTubers - Is Section 44AD applicable?

CA Raghav Khandelwal 06 June 2024 at 08:37

In this article, we will explore the income tax compliance that needs to be done by content creators.

Taxation of NRI Business Income in India: Repatriation and Compliance

CA Arun Tiwari 04 June 2024 at 14:10

This article delves into the intricacies of NRI taxation, focusing on repatriation and compliance.

No Form-16? No Problem! Check How to File Your Tax Returns Easily

Priya Mulukutla 03 June 2024 at 17:32

Check how to file your income tax returns without Form-16 with essential tips and tricks.

Check your Form 26AS Now Before Filing Your ITR

CA Umesh Sharma 03 June 2024 at 15:44

All the deductors have filed their TDS returns for FY 23-24 by May 31, 2024. Now, what are the responsibilities of deductees before filing their ITR?

ITR Forms: A Comprehensive Overview

CA Anoop Kumar Sharma 03 June 2024 at 15:40

There are notified 7 types of ITRs, i.e., ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. To date, we have discussed all ITRs one by one and compiled all the details regarding them in this article.

Why you should wait until 15th June 2024 to file your ITR

DSC Sign 01 June 2024 at 14:40

Although the IT forms are available, individuals who are salaried should wait to file their returns until June 15, 2024, according to a report by ITD. This is because their Annual Information Statements (AIS) and Form 26AS are typically fully updated by May 31, 2024, and companies have time to issue employees Form 16 by June 15, 2024.

Due Date Calendar for June 2024

DSC Sign 01 June 2024 at 10:56

We have given the important statutory due dates for various compliances applicable for June 2024.

A Deep Look with a Common Man's Eye at Section 6 of the Income Tax Act

CA. Bhavik P. Chudasama 01 June 2024 at 09:17

Understanding your residential status for tax purposes is crucial in India. For individuals and entities operating in the ever-evolving tax landscape of India, determining residential status is paramount. Section 6 of the Income Tax Act, 1961, serves as the cornerstone for navigating this crucial aspect.

Detailed Breakdown of Incomes and Expenses in AIS Reporting

Priya Mulukutla 31 May 2024 at 11:32

57 types of incomes and expenses to be reported in the Annual Information Statement (AIS) on the Income Tax portal notified by CBDT.

Redevelopment of society: Tax implications

Affluence Advisory 31 May 2024 at 08:42

Redevelopment of society means tearing down an existing oneone and building a new one in place of it. it. Simply put, it isa reconstruction a reconstruction of the existing residential and/or commercial structure.