Learning

Sobiya Ameen

08 Dec, 2023

Each individual or business is required to pay taxes through filing Income Tax Returns (ITR). Every year, a specific date is finalized as the last date of...

Sobiya Ameen

08 Dec, 2023

Many times, a taxpayer pays tax more than the due tax liability over him. In such circumstances, it is expected that the taxpayer has filed the refund to t...

Sobiya Ameen

08 Dec, 2023

Advance tax can be defined as the income tax paid in advance for the respective income earned in a specific financial year. Generally, the tax is required...

Sobiya Ameen

08 Dec, 2023

ITR-2A is an extended form of ITR-2A, which allows the taxpayers eligible for ITR-1 not to file it merely because they owned more than one property but no...

Sobiya Ameen

08 Dec, 2023

ITR-2 is a form that allows Individuals and HUFs to file their income tax return for the income that is not eligible for ITR-1 (SAHAJ),[efn_note]https://ww...

Ankita Tiwari

07 Dec, 2023

Every person owns some assets in the nature of property, gold or shares. It is important to be aware of the tax involvement in the gain/loss arising from t...

Ankita Tiwari

07 Dec, 2023

Monetary donations for social welfare purposes are a noble act. Everybody should consider contributing a certain amount to social causes to fulfil our soci...

Ankita Tiwari

07 Dec, 2023

E-filing of IT returns is a process of submitting tax returns online. It can be done using the tax preparation software approved by the Income Tax Departme...