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Taxation of Partnership Firms

by | Aug 14, 2024 | Taxation

Partnership is a form of Business venture where at least two or more people come together to carry out a common business activity. This is done with a view to make profits. Every member of such a partnership firm is called a partner. Partners of such firm are offered...

Deductions under Section 57 of Income Tax Act, 1961

by | Aug 13, 2024 | Taxation

It is a very well known fact that Income Tax Act provides certain deductions against the taxable incomes of a particular person in order to provide a relief from income tax liability. Section 57 of the Income Tax Act particularly deals with deductions with respect to...

"Due to the Income Tax ITR-1 and ITR-2 return filing due date of 31st July 2026, the Sinewave Helpline Team will be available on Sunday, 19th July 2026, from 11:00 AM to 5:00 PM.
If you require assistance, please submit a callback request through the software or the Sinewave Portal. Our team will get back to you as soon as possible.”

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