Fema / RBI : Understand DICGCs role in insuring bank deposits up to ₹5 lakh. Learn about compliance requirements, premium calculations, and p...
Income Tax : We’ve just wrapped up the non-audit tax filing season, and now we’re entering the critical and often confusing period of Tax A...
Income Tax : Overview of Income Tax rates, deductions, surcharges, and cess for individuals, companies, and cooperative societies under the Fin...
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Company Law : Learn the process to transfer unpaid dividends and shares to the IEPF and how to claim them. Follow the steps for both companies a...
Finance : New IFSC regulations effective June 6, 2024, govern bookkeeping, accounting, taxation, and financial crime compliance services, im...
Goods and Services Tax : Learn how to file GSTR-1A with our comprehensive manual and FAQs. Get step-by-step guidance and clear answers to common questions....
Finance : Understand IFSCA's Ship Leasing Circular FAQs 2024. Learn permissible activities, definitions, and guidelines for ship lessors in ...
Income Tax : Discover comprehensive FAQs on filing ITR-4 (Sugam) for AY 2024-25. Learn eligibility criteria, tax regime options, documents need...
Income Tax : Learn who can file ITR-1, who cannot, necessary documents, and precautions. Understand the process of filing ITR-1 (Sahaj) online ...
SEBI : Learn about NSEs guidelines for filing Business Responsibility and Sustainability Reports (BRSR). FAQs, observations, and guidelin...
SEBI : Find answers to FAQs on Trading Window closure under SEBI (Prohibition of Insider Trading) Regulations, 2015, in the National Stoc...
Fema / RBI : Explore the recent RBI action against Paytm Payments Bank under Section 35A of the Banking Regulation Act, its impact on accounts,...
Corporate Law : Explore the updated FAQs on the implementation of the EPFO judgment dated 04.11.2022. Understand proof requirements, pension compu...
Corporate Law : Explore frequently asked questions on the SOP for inspection of establishments by EPFO. Get insights from related circulars, guide...
Form 10E FAQs Q.1 What is Form 10E? Ans. In case of receipt in arrears or advance of any sum in the nature of salary, relief u/s 89 can be claimed. In order to claim such relief, the assessee has to file Form 10E. The Form must be filed before filing the Return of Income. […]
How to Authenticate Notice/Order issued by Income Tax Department (ITD) FAQ Q.1 Why do I need to authenticate notice/order issued to me by Income Tax Authorities? Ans. Every communication by Income Tax department issued on or after 1st October, 2019 shall bear an unique Document Identification Number(DIN). In order to satisfy yourself that the notice/order […]
How to View Filed Forms on New Income Tax Portal – Faqs 1. Can I download my filed form? Yes. You can download the PDF version of the filed form from the e-Filing portal undere-File > Income Tax Forms > View Filed Forms. 2. Who can view filed forms? Anyone who is registered on the […]
Income Tax E-Proceedings FAQs Q.1 What is e-Proceedings? Ans. e-Proceedings is an electronic platform for conducting proceedings in an end to end manner using the e-Filing portal. Using this service, any registered user (or his Authorized Representative) can view and submit response to any notice / intimation / letter issued by the Income Tax Department. […]
How to Respond to Outstanding Income Tax Demand- Faqs 1. Why do I need to submit response to an outstanding demand? The Income Tax Department may find some Outstanding Tax demand against your PAN. In order to confirm if the stated demand is correct, an opportunity is given to you to respond. If you do […]
Practical FAQs for Implementing the provisions of Section 206AB (TDS) and Section 206CCA (TDS) w.e.f. 1st July 2021 In order to tighten the grip on non-filers of Income Tax Returns, Finance Act, 2021 has introduced Section 206AB and 206CCA to the Income Tax Act, 1961. Section 206AB provides for deduction of tax at higher rate […]
Upload Income Tax Forms – FAQs Q.1 How can I access the category of Income Tax Form applicable to me for filing? Ans. Under the Income Tax Form Options in the e-File menu, you will be presented with a category list of all available Income Tax Forms with short descriptions. Choose the form(s) that are […]
FAQs on How to use offline utilities to file Income Tax returns (ITR) Q.1 Who can use the ITD’s offline utilities to file returns? Ans. All persons eligible to file ITR can download the offline utilities for ITRs and use them to file returns. Q.2 What is new about the ITD’s offline utility in AY […]
ITR status shows the current status/stage of your filed ITR. Once your ITR has been filed, you may check if it has been accepted and processed by the Income Tax Department. In certain cases where some discrepancies are found, you may need to respond to the communication from the ITD. Hence, it is advisable to periodically check your ITR status.
FAQs on How to e-Verify Income Tax Return (ITR) Q.1 Why do I need to e-Verify? You need to verify your Income Tax Returns to complete the return filing process. Without verification within the stipulated time, an ITR is treated as invalid. e-Verification is the most convenient and instant way to verify your ITR. You […]
