Latest Posts & Updates

#Budget2024 | FM Nirmala Sitharaman will be presenting an interim budget, instead of a full-year…

#Budget2024 | FM Nirmala Sitharaman will be presenting an interim budget, instead of a full-year budget, ahead of the 2024 Lok Sabha elections. 🧐What is an interim budget? 🔃 How it differs from a full-year budget ✴️And the crucial vote on account in the absence of a regular budget Here's all that you need to know ⤵️ https://www.moneycontrol.com/news/business/budget-2024-what-is-interim-budget-how-it-differs-from-full-year-budget-and-what-is-vote-on-account-11892791.html?utm_medium=social&utm_source=whatsapp&utm_campaign=regular-editorial

Indian residents have the opportunity to modify or correct their demographic information-such as…

Indian residents have the opportunity to modify or correct their demographic information-such as name, address, date of birth, gender, mobile number, and email-through the online portal without any charges until December 14.

Ask GST Invoice for every Purchase

New Course Scheme by ICAI

Top 5 common misconceptions about income tax filing

– let's bust the myths! 1. Myth: I don't need to file taxes if my income is below the taxable limit. Truth: Even if your income falls below the taxable limit, you still need to file tax returns if any of the conditions apply. 2. Myth: I can't file tax returns without Form 16. Truth: You can still file tax returns without Form 16 by calculating your income with other documents such as salary slips, bank statements, etc. 3. Myth: I don't need to file tax returns if taxes are already deducted from my salary. Truth: Filing tax returns is mandatory regardless of whether taxes are deducted from your salary or not. 4. Myth: I only need to file tax returns if I have taxable income. Truth: Even if you have no taxable income, you still need to file tax returns if you want to carry forward losses or claim refunds. 5. Myth: I don't need to file tax returns if I am an NRI. Truth: NRIs also need to file tax returns if they have taxable

Filing of Income Tax Return of Company being Director but failure to file individual ITR: Mumbai…

Filing of Income Tax Return of Company being Director but failure to file individual ITR: Mumbai Sessions Court confirms conviction u/s 276CC of Income Tax Act Read More: https://www.taxscan.in/filing-of-income-tax-return-of-company-being-director-but-failure-to-file-individual-itr-mumbai-sessions-court-confirms-conviction-u-s-276cc-of-income-tax-act-read-order/253936/

Finance Budget 2023

Stay Tuned for updates and outcomes of Finance Budget ₹0₹3 which is going to be announced by our…

Stay Tuned for updates and outcomes of Finance Budget ₹0₹3 which is going to be announced by our honorable FM on 1st Feb, 2023

Supply of Pencil Sharpener along with Pencils is 'Mixed Supply': Gujarat AAR in Re Doms Industrie…

Supply of Pencil Sharpener along with Pencils is 'Mixed Supply': Gujarat AAR in Re Doms Industries Pvt Ltd The applicant all the supplies i.e. kit, if containing Sharpener and if the tax rate of that particular sharpener is highest among all the product containing in the kit, in such case the applicant is liable to pay the highest tax rate and the HSN code is to be used of that particular supply having the highest rate. Citation: Advance Ruling/SGST&CGST/2022/AR/41 Dated: 25-Aug-2022

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Representation submitted to MCA requesting to grant exemption from delayed filing fee for DIR 3KY…

Representation submitted to MCA requesting to grant exemption from delayed filing fee for DIR 3KYC and web KYC for the directors https://www.icsi.edu/media/webmodules/08092022_DIR3KYCandWeb.pdf

https://www.linkedin.com/company/mohit-v-kumar-co