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 […]
Form 10-IEA For AY 2025-26: Making the Right Choice
Form 10IEA allows taxpayers to choose between the old and new tax regimes. With effect from AY 2024-25, the new
New Tax Regime Slabs For FY 2024-25 (AY 2025-26)
New tax regime under section 115BAC of the Income Tax Act was introduced in the 2020 budget by Finance Minister
Income Tax Return Password: 4 Easy Methods To Reset in Minutes
If you have forgotten your Income Tax password or your account is locked, don’t worry! This article covers the easy
Advance Tax Payment FY 2025-26: Pay 15% by June 15
Overview Advance tax payment in India is a system of paying income tax in installments throughout the financial year as
Income Tax Notice: Crypto TDS Reported but Not Declared in ITR
Income Tax Notice is sent by the Income Tax Department to taxpayers informing about discrepancies or issues related to your
Cryptocurrency Taxation in India: Latest Update
Virtual Digital Assets (VDAs) including Cryptocurrencies and NFTs, have been categorized as undisclosed income. But, VDA does not include: This
GST Nil Returns Must Be Filed on Time or Can Cost You ₹1 Lakh Penalty
A taxpayer has applied for the GST registration and he got the GSTIN in November 2020. As there was no
GST Audit on Flat Sales: The Truth Behind 1% and 5% Rates
GST officers across India have launched a campaign to focus on the books, returns, and data of real estate transactions,
GSTR-3B Late Filing: Get Ready for Rs.50,000 Penalty!
A notice has been issued to a taxpayer on 16th May 2025 where the Proper Officer alleged that he has
Salary Arrears Tax Calculation: Know How to Claim Tax Relief?
Salary Arrears refers to the pending salary or dues received in a lump sum for past financial years. It usually
GSTR-7: Consequences of Accepting Wrong GST TDS Credit
What is GSTR-7? GSTR-7 is a month returns filed by the individual who are required to deduct TDS. Who can