No statutory dues certificate Understanding the Significance A ‘No Statutory Dues Certificate’ issued by a Chartered Accountant serves as a declaration that the company has met all its statutory obligations concerning taxes, duties, and other dues within the stipulated timelines. This certificate is not merely a formality but a rigorous assessment of financial records… Read More »
15CA and 15CB certificate The 15CA and 15CB certificate are documents required by the Indian government for certain types of international transactions involving the transfer of money to non-resident individuals or entities. Here’s an explanation of each certificate: Form 15CA: This form is a declaration of remittance under Section 195(6) of the Income Tax… Read More »
How to check ITR filing status How to check ITR filing status, To check the status of your Income Tax Return (ITR) filing, you can follow these steps: Visit the official website of the tax authority: Go to the official website of the tax authority in your country (e.g., the Income Tax Department of… Read More »
How to check ITR filing status without login: To check the status of your income tax return (ITR) without logging in to the income tax department’s e-filing portal, you can follow these steps: Visit the official website of the Income Tax Department of India at https://www.incometaxindiaefiling.gov.in/. On the homepage, under the “Quick Links” section, click… Read More »
Compliance checklist Certainly! Here’s a checklist to help you ensure compliance with TDS (Tax Deducted at Source) requirements: TAN Registration: Obtain a valid TAN (Tax Deduction and Collection Account Number) from the tax authorities if required. TDS Deduction: Determine the transactions on which TDS is applicable based on the relevant provisions of the tax laws.… Read More »
ITR filing Without Aadhaar OTP ITR filing without Aadhaar OTP: As of September 2021, filing an income tax return in India without Aadhaar OTP (One-Time Password) authentication is not possible. Aadhaar OTP is one of the methods provided by the income tax department for electronic verification of ITRs. It allows taxpayers to verify their… Read More »
Income Tax Return Verification Verifying an income tax return is a crucial step to ensure that the filing process is completed successfully and that the tax authorities have received and processed the return accurately. To visit: https://www.incometax.gov.in Here are the steps to verify an income tax return in India: Online Verification: Electronic Verification Code (EVC):… Read More »
Verification of the information entered in my ITR The Income Tax department has several methods to verify the information entered in your Income Tax Return (ITR). Some of the ways for Verification of the information entered in my ITR are: To Visit https://www.incometax.gov.in/ 1.Form 26AS: The department cross-checks the details mentioned in your ITR with… Read More »
Verifying GST Registration of a Company Verifying GST registration of a company, Statutory audit and tax audit are two distinct types of audits conducted for different purposes. Statutory audit: A statutory audit is perform to ensure that a company’s financial statements provide an accurate and fair view of its financial position and performance. It is… Read More »