All about TAX Collection at Source ( TCS)
Tax Collection at Source TCS is the amount that is collected as tax by a seller of specified goods from the buyer at the time…
Income Tax
TDS Return Filing Process
Tax Deducted at Source (Part 2) In our last blog on TDS we discussed what is TDS, how to deposit TDS and the Due date…
Tax Deducted at Source (Part 1) – Deduction and Deposit
The concept of TDS was introduced with an aim to collect tax from the very source of income. As per this concept, a person (deductor)…
How to file Tax Audit Report Practically
Hello Guys, In today’s blog let’s see how to file a tax audit report through the Income-tax portal in a detailed step-wise manner. If you…
Tax Audit Series FY 21-22 – Contents and Particulars of Tax Audit Report (Part-2)
Hello Guys, Welcome to the 3rd part of the Tax Audit Series. In this post, we will have a detailed explanation of the remaining clauses…
Tax Audit Series FY 21-22 – Contents and Particulars of Tax Audit Report (Part-1)
Hello, This is our 2nd post in the tax audit series. In this blog, We are going to have a discussion about the contents of…
Tax Audit Series FY 21-22 – Due Dates, Forms and Applicability
Hello Guys, Welcome to our new series on Tax Audit. Let’s start today with understanding basics such as Tax Audit applicability and due dates. Section…
Tax Planning for Salaried Employees
Tax Planning refers to financial planning that leads to a reduction in Tax Liability by way of investing in certain tax-saving investments and incurring expenses which…
All about 26AS, AIS and TIS
Hi guys, We all are familiar with Form 26AS. However, Income Tax Department has amended Form 26AS vide Notification dated 28th May 2020, vide section 285BB…
How to choose the correct ITR Form – Types of ITR & Who is eligible?
Taxpayers can furnish information about their income and tax payable to Income Tax Department by filing Income Tax Returns (ITR). CBDT has notified 7 ITR…