Associate TG
Agricultural Income is Tax-Free Agricultural Income holds a special status in the realm of Taxation, being exempt from Income Tax in many countries, including India. This exemption is based on various factors and has significant implications for taxpayers engaged in agricultural activities. In this blog post, we’ll explore why agricultural income is tax-free and what … Read more
Types of Agricultural Income Agricultural Income forms a significant part of the economy in many countries, playing a crucial role in food production and rural livelihoods. However, not all agricultural income is alike, and understanding the various types is essential for tax planning and compliance. In this blog post, we’ll delve into the different types … Read more
Section 10A – Special Provision for Newly Established Undertakings in Free Trade Zones in Free Trade Zones In the realm of Income Tax Returns, certain provisions under the Income Tax Act offer special benefits to encourage economic growth and investment in specific sectors or regions. Where an industrial undertaking in any free trade zone has … Read more
Introduction to GSTR-9C: GST Tax Audit Form GSTR-9C serves as a vital tool for taxpayers in reconciling their annual GST returns filed under GSTR-9 with the figures presented in their audited financial statements for the respective financial year. GST Tax Audit This reconciliation statement holds particular significance for entities subjected to an annual account audit, … Read more
Introduction to GSTR-9 GST Annual Return Filing GSTR-9 Filing GSTR-9 stands as a crucial yearly report mandated for registered taxpayers under the Goods and Services Tax (GST) regime. This comprehensive report encapsulates all business transactions conducted throughout the year, encompassing purchases, sales, and various taxes such as CGST (Central Goods and Services Tax), SGST (State … Read more
