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Examination of an organization’s or individual’s tax returns done by an external agency in order to verify that all the declarations made regarding expenditure, income, and deductions are correct and filed properly. The income tax act 1961, section 44AB covers…
TDS ON SALARY Tax Deduction at Source is a way of collecting tax from the salary or other sources even before transferring the salary to the employee. TDS is ruled under the Income Tax Act, 1961 where the income tax…
For individuals whose total income from all the possible sources does not fall under any taxable bracket of the Income Tax Act 1961, during the preceding year, need to file the taxes in order to claim the returns on them….
Income tax return filing is one time-taking task that needs to be done by every salaried person. There is a certain timeline within which you need to file your ITR. After which you will have pay penalty. It is not…
For individuals whose total income from all the possible sources does not fall under any taxable bracket of the Income Tax Act 1961, during the preceding year, need to file the taxes in order to claim the returns on them….
