Rashmita ChoudharyApr 25 minBankingDifference between Bookkeeping and AccountingEvery company must have bookkeeping and accounting procedures in place to compile its financial records at the end of each quarter or...
Indrajeet SharmaApr 16 minIncome Tax DepartmentMastering IT Declaration: Key Insights and Tips for Tax ComplianceDepending on your income, you as a taxpayer must pay the government a specific amount of tax. In accordance with regulations, a portion...
Rashmita ChoudharyMar 306 minIncome Tax DepartmentAssessing Officer: Understanding the Role of Your AOAn average taxpayer often faces challenges to deal with the complexities of the Income Tax system. Filing the Income Tax Returns (ITRs)...
PRITI SIRDESHMUKHMar 296 minIncome Tax DepartmentNotice from the Income Tax Department: Why You Might Receive One and How to Respond?Receiving a Notice from the Income Tax Department can be stressful for any taxpayer. It is a confusing and concerning moment, especially...
Rajesh Kumar KarFeb 26 minTaxationTDS Return Due Dates and Penalties: A Comprehensive GuideThe Indian government uses Tax Deducted at Source (TDS) to collect taxes from income sources. When paying the recipient, the payer...
Prachi JainOct 25, 20234 minIncome Tax DepartmentUnder Section 143(3), Income Tax Scrutiny AssessmentIntroduction The income tax assessment is a critical procedure conducted by the Income Tax Department to authenticate the details...
PRITI SIRDESHMUKHJul 12, 20235 minTaxationDirect Taxes: Definition, Significance, and ImplicationsWhen it comes to the world of taxation, direct taxes hold a prominent position. These taxes are paid directly by individuals to the...
PRITI SIRDESHMUKHMay 30, 20238 minIncome TaxAnnual Information Statement (AIS): What is AIS, How to Check, Download, Password Format, FeedbackThe simplification of tax documentation has been significantly advanced with the launch of the Annual Information Statement (AIS). AIS...