What is PAN Card

Permanent Account Number (PAN) is a ten-digit alphanumeric number, issued in the form of a laminated tamper proof card, by the Income Tax Department of India. While many of us …

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New Provision Of Income Tax

Prime Minister’s announcement of 13th August 2020 comprises of reforms in respect of following four broad areas of work of Income Tax department: 1. Faceless Assessment Scheme, 2. Expansion of …

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New introduced Income Tax scrutiny criteria

Guidelines for compulsory selection of returns for Complete Scrutiny during the Financial Year 2020-21 —conduct of assessment proceedings in such cases – regarding. – Cases pertaining to survey u/s 133A …

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How to select right ITR Form

Income Tax Return (ITR) is a form in which the taxpayers file information about his income earned and tax applicable to the income tax department. The department has notified 7 …

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Cost Inflation Index

The price of a product increase overtime, and this brings down the purchasing power of money. Say, if 5 items can be bought for Rs. 500 today, tomorrow you may …

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Revised Dates For Filing Income Tax and GST Return

Income Tax  The due date for filing Income Tax Return for Financial Year 2018-19 is revised to 30th Jun 2020 from 31st Mar 2020.  The due date for filing Income …

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All The GST Returns And Their Last Dates To Avoid Late Filing

GST Return has got to be filed by every business but there are differing kinds of GST Returns depending upon the nature and total revenue of the corporate. Apart from …

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Importance And Benefits Of Registering Any Business With All The Departments Of Government

Anyone can start a business but it’s important to follow all the procedures and get all registered with all the Government departments for proper functioning. There a number of benefits …

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