Any person including Individual Salaried Employees with estimated tax liability of more than Rs.10,000/- on total income, must pay advance tax before 31.03.2024 to save Interest except Resident Senior Citizen, not having any business or profession. Did you know? IF, You are an Individual/HUF/Firm/AOP/BOI/Company/LLP or any other person, And have earned Income from one or …

Due Date for Advance Tax Payment 15th March 2024: What You Need to Know? Read More »

What is Income Tax us 44AD ? There is a Special Tax Provision for Businesses, u/s sec 44AD of Income Tax Act used by the Majority of Businesses, In Respect of Profits and Gains of Businesses, Other than in the Business of plying, hiring, leasing of goods carriages, Commission and brokerage or Agency business, In …

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Income Tax is a Tax on Income earned during the previous year by every person, computed as per rates prescribed under the Finance Act of the Income Tax Act, 1961, in India. Income Tax is a part of your earned income, paid to the Government, to run the Economy. The government collects around 20lac crores …

What is Income Tax and how to Get a Refund? Read More »

There is a Special Tax Provision for Professionals, u/s Section 44ADA for AY 2023-24 used by Majority of Professionals, In case of individual or a partnership firm other than a limited liability partnership, In Respect of Profits and Gains of Specified Professionals,   For Total Gross Receipts from Professional Income Earned up to 50lacs In …

What is Section 44ADA for AY 2023-24 ? Read More »

Did You Know? Many NRI Owners and Tenants Like You are Now Complying with TDS On Rent to NRI In India Which is a One Time Set Up Procedure, Beneficial, Convenient, Ensures Full Tax Compliance for Both of You. So, Here are some of the Benefits for the Tenants and the NRI Owners. Tenant is …

Here’s a Quick Way to Understand the TDS On Rent To NRI Read More »