income tax return
1. What is an Annual Information Statement (AIS)? An Annual Information Statement (AIS) is a document that organizations file with …
Read moreComprehensive FAQ Guide: Annual Information Statement (AIS) Demystified
Introduction: Income from mutual funds is a common source of earnings for many investors. However, when it comes to filing …
Read moreChoosing the Right ITR Form for Income from Mutual Funds
Introduction Tax compliance is an essential aspect of maintaining a healthy financial profile. By meeting your tax obligations, you contribute …
Introduction Non-resident Indians (NRIs) play a significant role in the global economy, and it’s crucial for them to fulfill their …
1. Which ITR form should an NRI use to file their income tax? NRIs should use different ITR forms depending …
Read moreDemystifying ITR Filing for NRIs: Your Comprehensive FAQ Guide
Introduction: As a tax professional, I recently handled a case that resulted in saving my client a significant amount of …
FAQs on NRI Income Tax Returns in India 1. Who qualifies as an NRI for tax purposes? If a person …
Read moreComprehensive FAQs on NRI Income Tax Returns in India
As a tax consultant, I often receive questions from clients about whether it is necessary to pay taxes immediately or …
Read moreWhy Waiting to Pay Taxes Can Cost You More: Understanding the Risks of Delayed Tax Payments
Lets understand Tax Audit under section 44AB – Limits, Tax Audit Report, Due date & Penalty. Taxpayers carrying on Business …
Read moreTax Audit under section 44AB: Limit, Due date, Penalty