7 major changes in income tax rules effective from April 1, 2022
Important changes in income tax rules In this post, we'll talk about the 7 important changes in income tax rules effective from April 1, 2022. In that, we will discuss the following changes in detail: Crypto tax IT Return: Filing an
Step-by-step process to verify lower deduction certificate
Lower Deduction Certificate Verification Procedures Using TRACES Hello, in this post we will discuss the steps for lower deduction certificate verification through the TRACES portal. Lower Deduction / No deduction certificate is provided by the Income Tax Assessing officer to the deductor
All about the new TDS section 194R
Section 194R applies 10 percent TDS on business benefits exceeding ₹20,000 in a year, including influencer perks and brand incentives.
All about Form ITR-U | Income Tax Updated Return
Form ITR-U ( Income tax updated return) - Latest updates In this post, we'll talk about Form ITR-U, including its eligibility, deadline and other important points. Where we will take a close look at each section in detail: What is ITR-U?
Form 61A – Statement of Financial Transactions
Form 61A - A complete guide In this post, we'll talk about including its application, deadline, penalty, and other points. Where we will take a close look at each section in detail:What is Form 61A?Who has to file Form 61A?ApplicabilitySpecified Financial
GSTR -3B Challan Creation and E-Payment Process
A brief guide on how to create GSTR 3B challan Hello Everyone, in this post we will discuss the process of GSTR-3B e-payment and challan creation. Here we will take a look at each section in detail: What’s GSTR-3B? New updates
A quick guide to Form 61
Form 61 of the Income Tax Act In this post, we will discuss the Form 61 of the Income Tax Act. In which we will look into the following in detail : What is Form 61? Uses of Form 61 How
E-way bill generation process through Eway bill portal
A brief guide on how to generate e way bill In this post, we will look into the e-way bill generation from the E-way bill portal. Also, we will discuss the prerequisites, validity, cancellation and e-way bill format. Here we will
Tax Deducted at Source (TDS) – A simple guide with example
A small guide to Tax Deducted at source In this post, We'll discuss TDS, or Tax Deducted at Source. We'll go through everything to know about TDS, including what it is, when it's used, and how it works. In which we will
When E-way bill is not required
E-way bill exemption Hello, in this post we will discuss the GST e-way bill exemption cases where goods and transactions are exempt from the e-way bill. Introduction Who should generate the e-way bill and Why? Goods exempt from e waybill Transaction exempt from e waybill Documents
