Individuals & Firm-Insolvency Resolution Process under IBC What is Eligibility for RP in the IBC Process for Individuals & Firms? Regulation 3 of the Insolvency and Bankruptcy Board of India… Read More
Income Tax Return Filing & Audit Report Deadlines for FY 2023-24 (AY 2024-25) In order to ensure compliance with income tax law and avoid penalties, certain deadlines are essential. To… Read More
Whether penalties u/s 271A & 271B can be levied simultaneously for same AY On 24 August 2023, the Raipur Bench of India's Income-tax Appellate Tribunal (ITAT) rendered a significant decision… Read More
How to delinking your Aadhaar from the wrong PAN. Taxpayers submit a request to your Jurisdictional Assessing Officer (JAO) for delinking your Aadhaar from the wrong PAN. And after D-Link… Read More
Income Tax Return Filing: Why You Should Wait Until June 15 to File ITR for FY 2023-24 Filing your income tax return (ITR) is an important financial task that every… Read More
Overview on Business Responsibility & Sustainability Reporting BRSR framework is a required disclosure mechanism that allows them to show their dedication to responsible business practices by reporting on their performance… Read More
What is a Foreign Tax Credit (FTC)? A Foreign Tax Credit (FTC) is a provision that allows residents to claim a credit against their Indian tax liability for income taxes… Read More
How to Obtain a Tax Residency Certificate (TRC): A Tax Residency Certificate (TRC) is essential for determining treaty benefits under DTAA. It provides conclusive evidence of a taxpayer’s residency status… Read More
Important Amendment Regulations introduced to Corporate Insolvency Resolution Process The Insolvency and Bankruptcy Board of India (IBBI) has issued the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for… Read More
FAQs on ITR Filling Forms- Guide to select correct ITR Q.1 What does Form ITR-V and form ITR-Acknowledgement means? Form ITR-V is the form issued by IT department, where the… Read More