The latest articles, guides, news and notifications related to Income Tax.
Due Date for Filing Income Tax Returns Extended Due date for filing income tax returns extended by a month. From the earlier 31st July 31 to August 31. This may be due to too many compliances this month. 31 July … Continued
Income Tax Return Filing: 7 reasons you should complete your income tax return filing on time File ITR even if you have nil income or your gross total income is below the taxable limit. The benefits of income tax return filing … Continued
LLP – In Brief – Unlike Companies, not all Limited Liability Partnerships (LLPs) are not required to get their books of accounts audited. A private limited company has to get its books of accounts audited irrespective of its turnover and … Continued
What is an intimation u/s 143(1)(a)? Whenever we submit any kind of document to the government, we always hope that we have done our due diligence and the government will be satisfied with the details provided by us. However, it … Continued
Income Tax Slabs for Financial Year 2017-18 Income Tax is that percentage of income paid to the government by the taxpayers for the betterment of the public at large. This income is categorised into different groups on the basis … Continued
Long Term Capital Gains Tax The Finance Bill 2018 has proposed significant changes in these taxation provisions relating to long term capital gain on transfer of equity shares in a company or a unit of an equity oriented fund … Continued
Income Tax Slab Financial Year 2018-19 Income Tax Slabs The income tax slab rates are usually revised every year during the Budget. However, there have been no changes made to the Income Tax slabs in the Budget of 2018. Thus … Continued