How to Claim LLP ITR Deductions and Credits? Introduction Filing income tax returns can be a stressful chore for any firm, and it is no different for LLPs. As an…

How to File a Revised TDS Return Introduction TDS, or Tax Deducted at Source, is a regulatory system for tax collection in which tax is deducted from a person's taxable…

What Is GST Cancellation and Why Is It Important in 2023? GST CancellationGST Cancellation refers to the termination of GST registration by the taxpayer or tax authority. Once revoked, the…

How Does an Audit Work Under the GST Regime?   Introduction: A GST Audit is performed to ensure the correctness of a professional's reported turnover, taxes paid, and input tax…

TDS Payment Online Applicability-Advantages-Procedure & Penalty 2023 The deductor or business entrusted with making a TDS Payment Online to the deductee should deduct the tax amount before initiating the process,…

RBI has Announced a 6.97% Interest Rate on 2024 Floating Rate Bond The Reserve Bank of India (RBI) has set a competitive interest rate of 6.97% on the Floating Rate…

Why should you submit an ITR for a sole proprietorship in India? Introduction Companies and limited liability partnerships are registered in India; ITR for sole proprietorship: Proprietorship businesses are required…

Why is it Necessary to Verify GSTIN or GST Number? The Indian government imposed the Goods and Services Tax (GST) on July 1, 2017, in order to streamline the country's…