Tax Deducted at Source (TDS) is an essential mechanism for the collection of tax in India. It requires the deductor to deduct
ITR-1, also known as Sahaj, is an income tax return form used by individual taxpayers with income from salary, pension, or income from one house property (excluding cases where there is a brought forward loss or loss to be carried forward) and other sources (excluding lottery and racehorse winnings). It is one of the simplest ITR forms and is designed for taxpayers with relatively straightforward income sources.
ITR-1, also known as Sahaj, is an income tax return form used by individual taxpayers with income from salary, pension, or income from one house property (excluding cases where there is a brought forward loss or loss to be carried forward) and other sources (excluding lottery and racehorse winnings). It is one of the simplest ITR forms and is designed for taxpayers with relatively straightforward income sources.
By understanding the applicability, requirements, and filing process for ITR-1, taxpayers with straightforward income sources can file their income tax returns accurately and efficiently.
Tax Deducted at Source (TDS) is an essential mechanism for the collection of tax in India. It requires the deductor to deduct
The introduction of Section 206AB in the Income Tax Act, of 1961, has added a new layer of complexity to tax compliance
The growth of e-commerce has revolutionized the way businesses operate and consumers shop. However, with this growth comes the need for stringent
The rapid rise of cryptocurrency has prompted regulatory bodies worldwide to establish clearer tax regulations. In India, the fiscal year 2024-25 brings
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