Associate TG
Eligibility for Form ITR-U Understanding Form ITR-U Eligibility Criteria: who is best eligible to file Form ITR-U under Section 139(8A) 1. Resident Individuals: Individuals who are residents of India for the relevant assessment year are eligible to file Form ITR-U under Section 139(8A). 2. Salaried Individuals: Employees earning income from salaries, including wages, bonuses, commissions, … Read more
Filing Income Tax Returns (ITR) is a crucial aspect of tax compliance for individuals and entities. As taxpayers navigate the intricacies of tax filing, one common question that arises is, “What is the time limit to file ITR-U?” In this blog post, we delve into this query, providing insights into the time frame within which … Read more
The process of filing income tax returns is an integral aspect of financial planning for individuals and businesses alike. As the financial year comes to a close, taxpayers often wonder about the timing and feasibility of filing their income tax returns. One common question that arises is, “Can we file income tax return for FY … Read more
Tax Deducted at Source (TDS) is a mechanism employed by the Indian government to collect taxes at the source of income. It applies to various transactions, including payments made for transportation services. In this blog post, we delve into the TDS section for transport, shedding light on its significance and implications for taxpayers and businesses. … Read more
The introduction of the Goods and Services Tax (GST) in India marked a significant milestone in the country’s tax regime, revolutionising the way businesses comply with taxation requirements. In this blog post, we delve into how GST has streamlined tax compliance for businesses, providing insights into its benefits and implications for the business community. What … Read more
