As the deadline for submitting income tax returns approaches, it’s important to make sure you don’t make some of the frequent errors that many taxpayers commit when submitting their forms. In this blog, we’ve compiled a few expert Income tax filing tips that will assist you avoid these mistakes in order to make sure the procedure runs successfully. Listed below

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It’s that time of year once again! We must all focus on one of the most crucial activities in our financial lives as the new year is underway: filing our income tax returns. So, better start working on your 2023 income tax filing procedure as soon as possible. What is ITR? Every year, individuals and companies must complete and submit

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It is the time of the year when many of us are putting together our documents for filing returns. While the Income Tax Act 1961 provides categories for levy of income tax, there are a range of sections that offer tax deductions to the taxpayer. There are provisions that are tax payer friendly and enable tax savings to a reasonable

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India has been on the international market for spices export and has had a place on the world economic map for centuries. The Indian spices export business has been one of the most thriving businesses and the pandemic has helped it even more. It was reported in December 2020that there was 19% increase in the export of spices from India.

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Come March, there is always a lot of work that the accounts departments are flooded with. The end of the financial year brings in panic, concern and anxiety to streamline accounts and get things ready for the IT filing that falls later in the year. However small or big the business is, the load of work around March and filing

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2017 marked a milestone in the history of Indian Taxation with the Government deciding to unify taxes to get rid of numerous indirect taxes that were being levied, this gave birth to the Goods and Service Taxes, popularly known as the GST. With each year of implementation, the industries have learnt numerous lessons. With different kinds of opportunities arising for

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Top 50 Questions you must get clarified before doing FSSAI Registration/ License Do you want to start a food industry business? It may be a catering (or) home kitchen (or) hotels (or) supermarket (or) bakery (or) ice cream (or) juice shop (or) milk company (or) organic stores, etc., one is compulsory for FSSAI Registration/License. When you seek your company FSSAI

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Since proprietorship concern has no long-lasting existence, sole proprietorship comes to an end if the proprietor dies. The GST registration is a PAN-based registration. In case of death of the sole proprietor, If the business is to be carried on by the legal heir, he cannot continue with the existing GST registration, since the legal heir will be having a

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In this article, let’s check the list of important tasks relating to our Income tax return filing which have to do before this month-end, June 2020 The tasks are listed below Link PAN with Aadhaar – If not linked, No financial transaction can be done where PAN is required. Click the following URL to Link PAN with Aadhaar https://www1.incometaxindiaefiling.gov.in/e-FilingGS/Services/LinkAadhaarHome.html Revised

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  In this article, let’s discuss all the important things to be done to stay compliant under GST after obtaining the GST registration certificate. Please note, that where business is being carried out in different States, every such business must be registered separately under GST. Hence, each of such GSTIN must comply with these GST rules separately. Due to lack

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