Income Tax Return (ITR) filing is the process of disclosing your income earned during a financial year to the Income Tax Department. It involves reporting all taxable income sources...
An income tax notice is an official communication from the Income Tax Department (ITD) that informs you about a specific issue related to your tax filing. Understanding and responding...
Audits are crucial processes for businesses of all sizes. They provide independent assessments of a company’s financial health and operational effectiveness. There are two main types of audits: internal...
What is GST Return Filing? The Goods and Services Tax (GST) is a comprehensive indirect tax regime introduced in India in 2017. Filing a GST return electronically submits information...
Have you ever wondered why some people pay more income tax than others? The answer lies in income tax slabs, a system that determines how much tax you owe...
Every year, individuals in India are required to file an Income Tax Return (ITR). This document details your income for the previous financial year and helps the Income Tax...
The Goods and Services Tax (GST) is India’s comprehensive indirect tax reform. It applies to businesses’ supply of goods and services. Filing GST returns is a crucial part of...
Goods and Services Tax (GST) is a unified tax implemented to replace various indirect taxes. It’s a destination-based tax on consumption of goods and services. GST registration is mandatory for businesses with...
The Goods and Services Tax (GST), introduced in India in 2017, is a major indirect tax reform that transformed the country’s tax structure. Before GST, a complex web of...
The Goods and Services Tax (GST) is a comprehensive, multi-stage, destination-based tax levied on every value addition. However, additional tax liability may arise due to errors or miscalculations. In...