The word “refund” catches the attention of almost every other taxpayer like no other word can. A refund is the excess amount of taxes paid than what was the actual tax liability. However, receiving this refund is not an easy task as it sounds. The perfection in filing...
The Senior Citizen Savings Scheme (SCSS) is a government-backed savings scheme in India designed specifically for senior citizens. It provides monthly and periodically assured and regular income to senior citizens. Age considered for eligibility under this scheme is...
A royalty refers to a payment made by one party (the licensee or user) to another (the licensor or owner) for the use of certain rights, typically related to intellectual property. These rights could include patents, copyrights, trademarks, franchises, or the rights...
Income tax act has recently introduced Section 148A in the Budget 2021. This section empowers the Assessing Officer to issue a notice if they decide to initiate reassessment. The need to introduce this section arises because it is possible that a taxpayer may have...
Income Tax Return is a form, or a declaration given by the taxpayer assessee regarding the overall annual income and taxes paid by them during the relevant financial year. ITR forms utilities are released by the income tax department before the due date filing periods...
Any person who makes an earning in India, is liable to pay tax on such income. Pension is a regular periodic payment made to an individual typically following retirement from service or his dependent family members post his demise, as a way to provide financial...
Sinewave Computer Services Pvt. Ltd. (ISO 9001-2015 Certified) is 36 years old income tax and HR solutions software development company situated in Pune, Maharashtra, India. We are catering to 20,000+ customer base across India.
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