ITR Filing Assessment Income Tax Return (ITR) filing is an annual obligation for taxpayers, and it is crucial to stay informed about the timelines to ensure compliance and avoid penalties. For individuals and businesses alike, understanding when ITR filing starts is essential for effective financial planning and timely submission. Here’s an overview of when you… Read More »
GST Due date Businesses usually make the payment of Goods and Services Tax (GST) when they file their GST returns. The GST due date tax payment can vary depending on the jurisdiction and the frequency of return filing. In most cases, businesses are required to pay the GST liability within a specified period after the… Read More »
How to do TDS complaints If you have any complaints or issues related to TDS (Tax Deducted at Source), you can take the following steps for filing TDS complaints: Contact the Deductor: If you have concerns about TDS deductions made by a specific deductor, you can reach out to them directly. Provide them with the… Read More »
GST registration If your GST registration application for has been rejected, you should carefully review the reasons provided for the rejection and take corrective action accordingly. The most common reasons for rejection include incomplete or inaccurate information in the application, non-submission of required documents, and failure to respond to queries or notices from the tax… Read More »
User Intent Many business owners struggle with filing their Income Tax Returns (ITR) efficiently to save on taxes. This guide aims to provide a step-by-step approach to filing ITR for businesses while maximizing tax savings legally. Introduction Filing an Income Tax Return (ITR) for a business is a crucial financial obligation. However,… Read More »
When Should We File Income Tax Returns (ITR)? Filing Income Tax Returns (ITR) is an essential responsibility for individuals and businesses to ensure compliance with tax laws and avoid penalties. Understanding the right time to file your ITR can help you manage your finances better and make the process smoother. Here’s a brief guide on… Read More »
Applicable GST GST extra as applicable” indicates that the price mentioned for a product or service does not include the Goods and Services Tax imposed by the government. The GST amount will add separately to the quoted price, and the final price will include in it. So the GST amount will add to the quoted… Read More »
User Intent The user intends to understand why a Goods and Services Tax (GST) number may show as invalid, its implications, and how to resolve the issue effectively. This article aims to offer an in-depth explanation, providing clear steps, and useful insights for users facing this issue. Introduction GST (Goods and Services… Read More »
TDS deduction you can follow these steps: Gather necessary documents: Collect all relevant documents, including the TDS certificate issued by the bank or financial institution where you have the FD, and the Form 26AS, which reflects the details of TDS deducted. Calculate TDS deduction: Determine the total TDS amount deduct on the interest… Read More »
Definition of GST invoice Definition of GST invoice, A GST invoice is a crucial document issued by a supplier to the buyer, containing all the necessary details of the transaction in accordance with the Goods and Services Tax (GST) Act in India. It serves as proof of the supply of goods or services and… Read More »