Due Date of ITR extended for AY 2022-23
The Income Tax Returns for which due date was 31st October,2022 can now be filed till 7th November, 2022. for detail circular Click here
Due date of filing of Form 26Q for the second quarter of Financial Year 2022-23, Extended
CBDT extends the due date of filing of Form 26Q for the second quarter of Financial Year 2022-23 from 31st October, 2022 to 30th November, 2022 vide circular number 21/2022 dated 27th October 2022.
Due Date of Tax Audit Report for AY 2022-23 Extended
The CBDT vide circular no. 19/2022 dated 30th September 2022 has extended the Due date of filling tax audit report from 30th September 2022 to 07th October 2022. Many Chartered Accountants and stakeholders were facing various problems at the last hours. The new income tax portal which was launched last year on 07th june 2021, […]
9 Key Features You Need to Know About UAE Corporate Tax
UAE announces introduction of corporate tax w.e.f. 1 June 2023. With OECD adopting a minimum tax rate of 15%, UAE seems to have introduced Income Tax at an appropriate time, albeit at a lower rate 1. Corporate Tax has been introduced on net income or profit of corporations and other businesses. This is a federal […]
4 Benefits of Filing Income Tax Return
Even if your income is below the basic taxable limit, there are many benefits of filing your Income Tax Return. Filing of Income Tax Return is mandatory in the following cases: If the income of an individual exceeds Rupees Two Lakh Fifty Thousands. If an individual has spent Rupees Two Lakhs of foreign Travel for […]
All About Income Tax Benefits on Home Loan
A self-owned home is dream of everyone which require a lot of financial planning and sometimes a huge fund is required to manifest this dream in reality. Funds provided by bank/financial institution to an individual/entity for construction, extension or renovation of a residential property is called a Home Loan What if, I tell you, that […]