An Income tax return (ITR) is a form filed with the Income tax authority of India that reports about income, expenses, assets and liabilities in addition to other pertinent tax information. Tax returns allow taxpayers to calculate their tax liability, schedule tax payments, or request refunds for th..
What is TDS?
TDS stands for Tax Deduction At Source. It means that when an Individual/Organization/persons making the specified payment which are mentioned under Income Tax Act, 1961 to another person than that Person (who is making the payment) has to deduct the TDS when the amount of the paymen..
In a further drive to smooth up the Indian Corporate Sector after taking up diverse stringent actions in opposition to the shell companies keeping in view the ultimate target of preventing the generation and circulation of black money, the Modi Government has taken one very ambitious step of tagging..