e-fliling-lite

August 1, 2019

A lighter version for e-filing your income tax return named as” e-filing lite” is launched by the Income Tax Department. This can be accessed through clicking on E-filing lite on home page. This page will only cover filing of return and for all the services, click on “Portal login” on the home page .FAQsWhat is income tax?Income tax is the amount which is required to be paid by the individual on the basis of his income.What is income tax return?Income tax return is the statement of all the income earnedSEE DETAILS

StartUp India Scheme – Government Programme

By Abhishek Soni on

May 29, 2019

- government yojana

“All of us, in a sense, struggle continuously all the time, because we never get what we want. The important thing which I’ve really learned is how do you not give up, because you never succeed in the first attempt.” – Mukesh AmbaniSTARTUP INDIAPrime Minister of India Shri Narendra Modi announced the Startup India programme on 15th August 2015. The programme aimed to boost the entrepreneurship and encourage startups in creating jobs for the Indians. It is based on an action plan aimed at promoting bank financing for start-up ventures.HowSEE DETAILS

GST (Goods and Services Tax) India

Letter of Undertaking (LUT) under GST

By Abhishek Soni on

May 27, 2019

- GST (Goods and Services Tax) India

What is the Letter of Undertaking under GST?Letter of undertaking is the document that the user provides declaring fulfillment of all requirements under GST. It is furnished in case of export undertaken without paying IGST. Also, according to the Notification No. 37 /2017 – Central Tax It is mandatory to furnish LUT to export goods or services or both without paying IGST. If the exporter fails to provide the LUT, then he has to pay IGST or provide an export bond. Earlier LUT could only be filed offline at theSEE DETAILS

Income Tax e-Filing, Income Tax Help, Income Tax Learning, Latest News

ITR Forms : FY 2018-19(AY 2019-20) |E-filing |Income Tax Return

By Abhishek Soni on

April 5, 2019

- Income Tax e-Filing, Income Tax Help, Income Tax Learning, Latest News

With the beginning of the new financial year, time for settlement of accounts and disclosing what one has earned in the previous year arrives. Such disclosure is required to be filed in the form of returns prescribed by Income Tax which are known as Income Tax Return (ITR) Forms. As always CBDT has notified the Income Tax Return forms for FY 2018-19( AY 2019-20). These ITR forms contain fields to furnish the relevant and required information. There are different ITR forms for different categories of taxpayers/ assessee/ user. In thisSEE DETAILS

Income Tax Updates

Tax Changes from April 2019

By Abhishek Soni on

April 2, 2019

- Income Tax Updates

Financial Year 2019-20 has begun!! April 2019 welcomes the beginning of the new financial year. What could be more interesting than taking a note of important tax provisions this very day!! Why to wait for the financial year to end and make tax planning a rush?? Let’s become a pro and know the 5 major tax changes pronounced in Interim Budget 2019. Mr Piyush Goyal presented the interim budget 2019 and some distinguished tax amendments were made. In this blogpost we have briefed five must know tax changes affecting yourSEE DETAILS

Aadhaar, Link Aadhaar With Mobile

How To Link Aadhaar Card With Mobile

By Abhishek Soni on

March 18, 2019

- Aadhaar, Link Aadhaar With Mobile

Union Budget 2019 Highlight :- Now, PAN & Aadhar Number can be used interchangeablWhat will happen when a person : -Doesn’t have PAN: Aadhar can be used to file ITR & quote at all the places where PAN is Required. -Have PAN: Aadhar & PAN needs to be linked first and then any of them can be quoted at the time of filing ITR. Aadhaar is the most common identity used in India. It is a 12 digit number issued by UIDAI (Unique Identification Authority of India). These numbers areSEE DETAILS