Introduction: As we approach the end of another financial year, it’s time to shift our focus to the important task of filing income tax returns (ITR). With only 25 days left until the deadline on 31st July 2023, it’s crucial to take action and file your ITR promptly. In this article, we will explore the …
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Introduction Tax filing can be a complex and time-consuming process, requiring a deep understanding of tax laws and meticulous attention to detail. In Gurgaon, individuals and businesses can rely on the expertise of Chartered Accountants (CAs) to navigate the intricacies of tax filing. With their in-depth knowledge, professional acumen, and experience, CAs in Gurgaon offer …
Introduction Filing Income Tax Returns (ITR) is an essential obligation for both salaried individuals and businesses in Gurgaon. However, the intricacies of tax laws, frequent changes in regulations, and the need for accurate documentation can make the process overwhelming. In such circumstances, Chartered Accountant (CA) firms in Gurgaon play a pivotal role in providing expert …
Introduction The deadline for filing your Income Tax Return (ITR) is fast approaching, with just 36 days left until 31st July 2023. Filing your ITR on time is crucial for every taxpayer, as it ensures compliance with tax laws and offers numerous benefits such as claiming refunds, avoiding penalties, and establishing a clean financial record. …
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Introduction Sector 45 in Gurgaon, Haryana, is a vibrant commercial hub that houses numerous businesses and organizations. In such a bustling environment, the role of Chartered Accountants (CAs) becomes indispensable. CAs in Sector 45 play a crucial role in providing financial expertise and guidance to businesses, helping them navigate the complexities of accounting, taxation, and …
Introduction Sector 44 in Gurgaon, Haryana, is a bustling commercial hub that accommodates numerous businesses and organizations. In such a vibrant environment, the role of Chartered Accountants (CAs) becomes crucial. CAs in Sector 44 provide essential financial expertise and guidance to businesses, helping them navigate accounting, taxation, and financial management complexities. This article highlights the …
Introduction Palam Vihar, located in the bustling city of Gurgaon, is a thriving residential and commercial hub known for its rapid urbanization and economic development. As businesses and individuals in Palam Vihar navigate complex financial landscapes, the role of Chartered Accountants (CAs) becomes paramount. CAs possess the expertise and knowledge to provide valuable financial guidance …
Introduction Filing income tax returns (ITR) is an essential obligation for every taxpayer, ensuring compliance with the tax laws of their respective countries. Traditionally, the process of filing ITR involved lengthy paperwork and visits to tax offices. However, with the advent of technology, taxpayers can now file their ITR conveniently and securely online. This article …
The Pune Income Tax Appellate Tribunal (ITAT) has upheld the Revenue’s suo motu rectification under Section 154 to disallow delayed Employee State Insurance (ESI) and Provident Fund (PF) payments, following the Supreme Court ruling in Checkmate Services (P) Ltd. & Ors. v. CIT & Ors. The case pertains to the assessment year 2013-14, where the …
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The Karnataka High Court recently rendered a significant decision regarding the reassessment proceedings for the Assessment year 2016-17. The case involved the invocation of the extended limitation period under Section 149(1)(b), where the sale consideration exceeded Rs. 50,00,000. However, it was determined that the taxable capital gains income was well below the threshold. After carefully …
