Chaitra Seetharam, Author at Tax Guide

Major Changes in GST Return Filing From July 2025

Changes in GST Return filing from July 2025 aim to streamline the ITC process and offer greater flexibility to taxpayers. […]

Capital Gains Tax in India has seen major updates, especially with the Union Budget 2024. A key aspect in calculating

Tax Deducted at Source (TDS) is a key component of India’s income tax framework, designed to collect tax revenue at

A Section 142(1) notice under India’s Income Tax Act, 1961, is an official communication from the Income Tax Department to

When discussing the top CA firms in India, the Big Four global accounting giants are always at the forefront. Slightly

For the Financial Year (FY) 2024-25 (Assessment Year AY 2025-26), the key due dates for filing ROC (Registrar of Companies)

NEFT (National Electronic Funds Transfer) is India’s trusted electronic funds transfer system. It enables individuals and businesses to move money

The assessment year 2025-26 (AY 2025-26) is expected to bring some of the most substantial changes in taxpayers’ income tax

ITR processing time means the duration it takes after the return has been filed. For AY 2025-26, the Income Tax

Section 87A of the Income Tax Act offers tax reduction to resident individuals when total income falls within specified limits.

TCS on the sale of scrap means that the seller collects tax from the buyer at the time of sale.

RCM on Commercial Rent refers to the Reverse Charge Mechanism, where the recipient tenant is liable to pay GST on