Alimony To Wife: Is It Taxable or Non Taxable?
As many of you are aware, the recent news surrounding Atul Subash’s suicide case has raised significant concerns. Allegations of […]
Tax Audit Form: Applicability of Form 3CA-3CD
Tax audit form is used to report details of a tax audit conducted under Section 44AB of the Income-tax Act.
Input Tax Credit: Claiming ITC in GSTR-9 for Cross-Year Invoices
Input Tax Credit allows taxpayers to claim credit for the GST paid on purchases (inward supplies) against their GST liability
GST Rates: What if 35% GST is Imposed?
GST rates refer to the percentage of tax imposed on the sale of goods or services under CGST, SGST and
Income Tax Return Forms: Filing Deadlines by December 2024
There are various Forms which are used to report TDS, TCS, or other tax-related transactions. To avoid penalties, businesses, companies,
GSTR 9 Turnover Limit For FY 2023-24
The turnover limit for filing GSTR-9 (Annual Return) under GST is as follows: Turnover Limit for GSTR-9 Mandatory Filing If
Income Tax Payments: Mistakes To Avoid While Making Payments
When filing their income tax return (ITR) forms in India, taxpayers often make several common errors. Timely and accurate income
GSTR-9: Applicability and Turnover Limit For FY 2023-24
GSTR-9 is an annual return which has to be file by regular taxpayers to maintain accurate records of GST transactions.
Section 80D: Tax Benefits on Health Insurance Premiums
Section 80D of the Income Tax Act in India provides deductions on premiums paid for health insurance policies, offering taxpayers
Supreme Court Verdicts Impacting Taxation
The Supreme Court of India has significantly influenced Indian taxation. The Court has clarified complex legal issues and interpreted tax
Section 92E of the IT Act: Due Date Extended to 15th December 2024
Section 92E applies to international and specified domestic transactions between Associated Enterprises (AEs), with at least one party being a
TDS on Metal Scrap: Reporting Issues and Resolution
TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase