"I am Chartered Accountant doing practice and having an experience of 3 years in the field of Auditing and Taxation."
It is advised to choose the correct ITR form in order to avoid further notice of defective return. Following forms below gives you insight to file correct ITR form as per Nature of Income and Status of person A.Y. 2020-21: ITR 1: (SAHAJ) 1. Resident Individual whose total income does not exceed 50 lakhs can […]
Changes and Reliefs in various sectors, taxation and Analysis of Finance Minister Speech on 20 lakhs crore relief package On 13.05.2020, PM Narendra Modi while addressing nation, announced 20 lakhs crore relief package to various sectors of the economy keeping in view the Aatam-nirbhar Bharat mission. Thereafter, FM Nirmala Sitharaman announced relief package which is […]
As per Finance Act, 2020, there is an amendment in Section 6 of the Income tax Act, 1961, for determining the residential status of an individual. An individual, who is citizen of India, is said to be Non Resident if he doesn’t satisfy any of the below conditions: He is in India for a period […]
