Form 12BB under Income Tax For Salaried Employee: With Download Link
Form 12BB is a statement of claims for tax deductions submitted by a salaried employee to their employer. Introduced by […]
GST Appellate Tribunal: Eligibility, Appeal Fees, Powers and Duties
The Goods and Services Tax Appellate Tribunal (GSTAT) is a specialized body created under the GST Act to resolve disputes
Salaried Employees Income Tax Notice: Types and What They Mean for You?
Income tax notices are alerts from the tax department to salaried employees regarding issues in their filed tax returns. These
When Audit Under Section 44AB Required and How to File?
Section 44AB of the Income Tax Act mandates a compulsory tax audit for businesses and professionals in India whose annual
Tax Audit Due Date For AY 2025-26
Important Update CBDT has extends due date for filing income tax audit report for FY 2024-25 from September 30, 2025
Section 44AD: Benefits of Opting for the Presumptive Scheme
Section 44AD of the Income Tax Act, 1961, provides a simplified method of taxation for eligible taxpayers who carry on
Who Can Opt for Section 44ADA & How Does It Work?
As per sections 44AA of the Income-tax Act, 1961, a person engaged in business or profession is required to maintain
Last Date To File ITR For FY 24-25 Extended To 15th Sep 25
Latest Update On 15th September 2025 just before 12 am, CBDT has extend the due date for filing of ITRs
ITC Reversal on Unsold Stock after 22 Sep 2025: With Example
Conditions for ITC Reversal The new rates and exemption provisions will be implemented from 22nd September 2025. Now the question
E-Way Bill: Follow These 2025 Rules & Avoid ₹10,000 Penalty
E-Way Bill also known as Electronic Way bill is a document to be generated online under the GST system, when
Which Health Insurance Policies Qualify for GST Exemption?
The Goods and Services Tax (GST) Council’s decision to exempt certain health insurance policies from GST, effective September 22, 2025,
Input Tax Credit on Old Purchases After GST Rate Cut
The Goods and Services Tax (GST) Council’s decision to simplify the tax structure into two slabs (5% and 18%), effective