Tax Guide

Form GST DRC-03A: Filing Process

Ram Sharma / November 6, 2024

Form GST DRC-03A is newly introduced on GST portal to link payments made via Form DRC-03 to link the payment […]

According to Section 156 of the Income Tax Act, 1961, the Income Tax Department will issue a Tax Demand Notice

Tax filing deadline for businesses requiring audit has been extended from October 31, 2024 to November 15, 2024. These businesses

Sahil Jaiswal / October 25, 2024

ITR E-Filing Portal 3.0 is an upgraded version of India’s Income Tax e-filing portal designed to simplify the process of

Ayushi Dixit / October 24, 2024

RCM Under GST is a system where the tax liability shifts from the supplier to the recipient of services. The

Ram Sharma / October 23, 2024

Bank Account Validation on GST Portal means the process where the GST portal verifies the bank account details which are

Scrutiny on ITR Refunds is a process where the IT Department examines details of an Income Tax Return (ITR) to

Sahil Jaiswal / October 18, 2024

Sovereign Gold Bond (SGBs) offer a smart and efficient way to invest in gold, especially for those looking to avoid

Ayushi Dixit / October 17, 2024

Simplified GST filing because the GSTN has introduced a pre-filled GSTR-3B form to make GST filling easier and help taxpayers

Ram Sharma / October 17, 2024

Section 194P was introduced in Budget 2021 to provide conditional relief to senior citizen above the age of 75 years

GST ITC for construction of buildings, now it can be claim by businesses treating buildings as “plant,” under the CGST

ITC under GST allows registered businesses to offset the taxes paid on their purchases against their tax liabilities. ITC helps