• Home
  • About Us
  • Our Products
    • TAXBASEPRO
    • TAXBASEGSTPro
    • PAYWHIZ
    • PAYWHIZ PRO
    • TDSPro
    • VATXpress
    • TAXBASE SIGNER
    • TEAMCONTROL
    • MOS
  • Our Services
    • Digital Signature Certificates
  • Knowledgebase
    • Blogs
    • Videos
  • Support
    • FAQ
    • Product Quick tour
    • Contact us
    • Downloads

Request Call


Login



  • Home
  • About Us
  • Our Products
    • TAXBASEPRO
    • TAXBASEGSTPro
    • PAYWHIZ
    • PAYWHIZ PRO
    • TDSPro
    • VATXpress
    • TAXBASE SIGNER
    • TEAMCONTROL
    • MOS
  • Our Services
    • Digital Signature Certificates
  • Knowledgebase
    • Blogs
    • Videos
  • Support
    • FAQ
    • Product Quick tour
    • Contact us
    • Downloads




How to respond to defective income tax return

by CA Chinmay Shirish Agate | Aug 20, 2024 | Taxation

It is quite possible that a taxpayer will make mistake while filing his income tax return. This will be considered as a defective return. Income Tax Department will send you a defective notice under section 139(9) of the Income Tax Act via an email...

read more

Indexation benefit restored what it means for your investments after budget revisions

by CA Chinmay Shirish Agate | Aug 19, 2024 | Taxation

On 23rd July, 2024, government of India proposed new Budget for the relevant financial year. Major amendments were made in relation to capital gains and indexation. Indexation for capital gains refers to the adjustment of the purchase price i.e....

read more

Availing Presumptive Scheme of Taxation u/s 44AD Needs to Prove Eligibility: ITAT

by CA Chinmay Shirish Agate | Aug 18, 2024 | Taxation

Appeal of assessee was hence dismissed. About Author:CA Chinmay Shirish AgateChinmay Agate is a Practicing Chartered Accountant having 4+ years of experience and expertise in the field of Direct Taxation and Auditing compliances. In the past, he...

read more

Requirement of Filing Audit Report in Form 10B is only Procedural: ITAT

by CA Chinmay Shirish Agate | Aug 17, 2024 | Taxation

Societies, trusts etc. registered u/s 12AA of the act are required to obtain fresh registrations as per recent updates in the law. According to the Third Amendment of Income Tax Rules 2023, the tax audit report needs to be furnished by charitable...

read more

Taxpayer Rectifies Excess Salary Income Declaration with Revised Return: ITAT

by CA Chinmay Shirish Agate | Aug 16, 2024 | Taxation

In India certain tax provisions are specifically designed to impose penal provisions on assessee for failure to comply with the mandatory laws. Section 271(1)(c) is one of such provisions which imposes penalty if a person fails to furnish accurate...

read more

Late fees and interest in case of ITR filing after 31st July!

by CA Chinmay Shirish Agate | Aug 15, 2024 | Taxation

Due date of filing income tax return for AY 2024-25 has elapsed and many taxpayers still wonder whether they can file the return after due date in case they have missed the filing deadline. Failure to meet the deadline for filing ITR can land you...

read more

Taxation of Partnership Firms

by CA Chinmay Shirish Agate | 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...

read more

Deductions under Section 57 of Income Tax Act, 1961

by CA Chinmay Shirish Agate | 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...

read more

Non-applicability of Higher TDS in case of deductee death before linking PAN to aadhar

by CA Chinmay Shirish Agate | Aug 12, 2024 | Taxation

Linking PAN with Aadhar database is one of the most crucial compliances which government mandates every person to comply. For enabling smooth functioning of TDS or TCS provisions, it was mandatory that the PAN and aadhar linkage is completed....

read more

How to file Form 10E for claiming relief under section 89 in case of salary arrears

by CA Chinmay Shirish Agate | Aug 11, 2024 | Taxation

Under the Income Tax, total Income Tax liability is calculated on the total income earned during a particular Financial Year. However, if the income for the particular Financial Year includes an advance or arrear payment in the nature of salary,...

read more

Agricultural Land Income Exempted from Tax cannot be Added to Book profits us 115 JB of Income Tax Act: Delhi HC

by CA Chinmay Shirish Agate | Aug 10, 2024 | Taxation

Out of certain specific exempt incomes given under Income Tax Act, 1961, Agricultural Income is one of the most important one. As per Section 10(1) of the Income Tax Act, agricultural income is exempt from income tax and is not included in the...

read more

What is indexation in capital gains

by CA Chinmay Shirish Agate | Aug 9, 2024 | Taxation

Assets creation is considered as one of the important achievements for any person. Once you have created an asset, its value appreciation or depreciation depends on the factors related to it. At the time of selling or disposing off such asset, one...

read more
« Older Entries
Next Entries »

Sinewave Computer Services Pvt. Ltd.

Sinewave is a trusted provider of tax and accounting software in India, delivering reliable solutions for GST, TDS, Income Tax, and more for over 36 years.

  • Follow
  • Follow
  • Follow
  • Follow
  • Follow
  • Home
  • About Us
  • Our Products
    • TAXBASEPRO
    • TAXBASEGSTPro
    • PAYWHIZ
    • PAYWHIZ PRO
    • TDSPro
    • VATXpress
    • TAXBASE SIGNER
    • TEAMCONTROL
    • MOS
  • Our Services
    • Digital Signature Certificates
  • Knowledgebase
    • Blogs
    • Videos
  • Support
    • FAQ
    • Product Quick tour
    • Contact us
    • Downloads

Sitemap    FAQ    Privacy Policy    Terms & Conditions    Disclaimer

020 4909 1000 [email protected] Super Mall, Salunke Vihar Road, Wanowrie, Pune, Maharashtra, 411040 Click here to Register a Call Back
For escalation, call 096377 69351 or email [email protected]
DSC Support: 07391046951
Not satisfied? WhatsApp your Customer ID and issue to the Director’s Office

Copyright 2025. All Rights Reserved. Sinewave Computer Services Private Limited, Pune, Maharashtra, India. | Developed by Portalwiz Technologies