Sitemap Pages Articles and Blogs on Income Tax, Taxation, GST Best ITR Software for You! – LP Contact Us Corporate Overview – New Disclaimer Downloads DSC – New Form 3CD Utility Get Digital Signature Certificates (DSC) Online GSTPro – New Page Home-Newly Built-June2024 Mobile App: Compliance Mobile Application Movement of Shares My Taxbase App – New Our History Our History – New Our History – New2 Out Team Paywhiz – New Privacy Policy Products wise Video Recover your password Register Here Sinewave Channel Partner Taxbase Signer – New TaxbasePro – Ultimate Income Tax Software TaxbasePro: Income Tax Return Software TDSPro New Team Control Software – New Terms & Conditions VATXpress – New Video Posts by category Category: GST CBDT circular on non-operative PANs before 31.05.2024 What is ICDS(Income Computation Disclosure Standards) Not every cash deposit during demonetization is unaccounted cash: ITAT Indirect Tax changes in Budget 2023 Impact of COVID 19 on GST collection Budget 2022: Changes in GST Concept of Supply under GST Part-II Concept of Input Tax credit-PART I Composite and Mixed Supply under GST Impact of GST on Small and Medium Businesses in India GST (Goods and Service Tax) in India: What, Why, How? Impact of GST on FMCG sector in India GST Annual Return Form GSTR-9 Registration under GST Act Precautions for GST Audit while finalizing balance sheet GST Software and its Advantages to Businesses in Calculation and Filing GST gets a facelift, E-Invoicing mandatory from April 1st, 2020 Robust GST revenues show growth potential How GST would affect the Media and Entertainment Industry Category: Other Validation of Bank accounts to receive refunds What is the meaning of Perquisites under Income Tax? ITR U under section 139(8A) of Income Tax Act,1961 Form 10 IEA Form 12BB : Investment Declaration Form Explanation of Press Release on Implementation of E-Verification Scheme-2021 Deductions From Income From House Property TCS (Tax Collected at source) No TDS is applicable u/s 194H in B2B Transactions if assessee is not responsible for paying Income Tax or Filing Income Tax Returns: Supreme Court Rebate under section 87A of Income Tax Act, 1961 Defective Income Tax Return and its reasons Cash Withdrawals or Cash deposits and its implications as per Income Tax Deduction u/s 80P(2) for interest income is allowed from Fixed Deposits with Co-operative Banks: ITAT Form 3CEB and recent amendments as per notification What is surcharge and who is liable to pay the same Clarification from CBDT with respect to Charitable Donations and Application of Income Section 43B(h) and what you need to know to avoid disallowance of expenses Non-resident of India as per Income Tax Act,1961 TDS ON SALARIES PAID TO DOCTORS OF ALL CATEGORIES ARE TO BE DEDUCTED U/S 194J AND NOT U/S 192: ITAT Guidelines for E-commerce operator regarding TDS Deduction as per Section 194-O(4) of The Income Tax Act, 1961 Section 80GGC of Income Tax How To File e-Form 26QB on sale of property? High Value Transactions Taxation of HUF Cash Deposits made during Demonetization period cannot be taxed as Unexplained Income u/s 69A if sufficient explanation of Source is produced: ITAT Reporting of FNO trading- All you need to know Maximizing Your Deductions: How Income Tax Software Can Help You Save Money on Taxes in India. Category: SMEs FAQs on Income Tax Return Software in India Things to Know Before You File ITR ITR refund: Everything that you should know Income Tax Software – How to Choose the Best? Income Tax Return Software – Get the Free Trail Copy Now! Benefits Of Using Income Tax Software Free work flow management software for your business How to manage workload effectively with conflicting deadlines and priorities? What Is Workflow Management Software? How It Enhance Work Efficiency? Advantages of Work Flow Management Software File Your Income Tax Returns Key facts about TDS return Filling Software for Companies Why Income Tax Software Is Important For Tax Preparers? What is Place of Effective Management (PoEM) in India Taxation of Long term capital gain of listed securities for A.Y. 2019-20 Taxation of Dividends Presumptive Taxation Taxation of AOPs & BOIs Capital gain on Land & Building under Joint development Agreement Taxation of Agricultural Income Taxation of Hindu Undivided Family Section 194IB- TDS on payment of Rent by Individuals and HUF Expenses not deductible under section 40 Section 194I-TDS on Rent Section 194IA- TDS on payment on transfer of certain immovable property Reverse Charge Mechanism Section 80TTA and Section 80TTB Section 194M- TDS on payment to residents contractors and residents Taxation of Business Trust and Unit Holders Taxation on Non-Residents Slump Sale Income from manufacture of Tea, coffee and Rubber Section 33AB – Tea development account, coffee development account and rubber development account. Section 32AD – Investment if new plant or machinery in notified backward areas in certain states Direct Tax provisions – Budget 2020 While choosing between old Vs new Tax regime Change in tax audit limit Advantages Of Having Tax, Payroll and WFM Software For SMEs DDT has been Abolished Section 194J – TDS on fees on professional or technical services Category: Taxation Changes in capital gain taxation for AY 2025-26 – Rates, Indexation , TDS Applicability etc. Audit Turnover Applicability- New Tax Audit Limits in Detail What is the Hierarchy of raising issues under Income Tax (i.e. AO/ITO/CIT(A)/ITAT etc.) Why PAN becomes inoperative Section 50C – Stamp Duty Valuation- Taxability of Sale of Land and Building explained in detail Corporate Taxes in India Section 281 Certificate – High Value Property Purchase What is Deemed Dividend What is Form 10AB How to respond to defective income tax return Indexation benefit restored what it means for your investments after budget revisions Availing Presumptive Scheme of Taxation u/s 44AD Needs to Prove Eligibility: ITAT Requirement of Filing Audit Report in Form 10B is only Procedural: ITAT Taxpayer Rectifies Excess Salary Income Declaration with Revised Return: ITAT Late fees and interest in case of ITR filing after 31st July! Taxation of Partnership Firms Deductions under Section 57 of Income Tax Act, 1961 Non-applicability of Higher TDS in case of deductee death before linking PAN to aadhar How to file Form 10E for claiming relief under section 89 in case of salary arrears Agricultural Land Income Exempted from Tax cannot be Added to Book profits us 115 JB of Income Tax Act: Delhi HC What is indexation in capital gains How to check Income Tax Refund Status Tax Benefits of Senior Citizen Saving Scheme Section 80QQB – Royalty Payments Income Tax order u/s 148 is unsustainable without sanctions u/s 151 : Bombay HC A brief introduction to ITR Forms and applicability on which form to choose How is family pension reported under Income Tax How to report foreign exchange transactions, foreign incomes or foreign assets under ITR VRS Tax Benefits under employment Budget changes dated 23rd July, 2024 Penalties us 269SS and 269T cannot be Levied on Company for Receipt or Repayment of Cash Loans from Directors out of Business Exigency : ITAT Taxability of EPF Withdrawals What is Form 10BA for 80GG Deductions How to apply for lower TDS deduction certificate us 197 of Income Tax Act, 1961 What is Form 10F and how to file it online What is NRE and NRO accounts Exempt incomes under section 10 Budget changes dated 23rd July, 2024 VRS Tax Benefits under employment Deduction u/s 80G of Income Tax Act allowable on CSR Expenditure : ITAT What is Form 68 and 270AA of Income Tax What are Bad Debts and their treatment under income tax Everything about Income Tax Deduction on housing loan Partnership Firm’s Income Tax Return and Reporting in Partner’s Individual Returns How to file rectification requests online Deduction u/s 57 allowed for following mercantile system consistently What is DTAA (Double Taxation Avoidance Agreement) All about set off and carry forward of losses HRA Calculation and exemptions How to calculate income tax on salary? Adjustment to opening WDV of assets is required in case of new regime is opted for AY 2024-25 ITAT allows Bad debts claimed u/s 36(1)(vii) in respect of identified debts All you need to know about AIS TIS 26AS What is Maximum Marginal Rate in Income Tax? Section 154 of Income Tax Act (Rectification of mistakes) Bank Details Mandatory for Capital Gain Accounts Scheme (CGAS) in ITRs of AY 2024-25 Schedules for reporting GSTR details in Income Tax Returns Section 54 and Section 54F Exemptions Explained with latest restrictions Deduction us 36(1)(va) is not allowed if Employees Contribution to PF is not paid within specified due date : ITAT Bangalore Form 10-IFA for new manufacturing co-operative societies under Section 115BAE option How to file an appeal in Income Tax Tax Rates applicable for Companies LEI No. reporting in ITR explained in detail Guidelines for Compulsory Scrutiny of Returns for AY 2024-25 Taxation of Gains from shares allotted under IPO Tax Benefits for startups in India What is Form 15CA and 15CB Taxation for redemption of SIPs and their tax benefits Section 50C not applicable to builder assessee in Property Redevelopment case No capital gain tax on transfer of shares by way of Gifts : Bombay HC Income of Charitable Trusts What is transfer in Capital Gains No deduction for expenditure on Freebies given to doctors by Pharmaceutical Companies Deduction of expenses for businesses on payment basis only Income tax on PPF(Public Provident Fund) Taxation of Gifts How to upload Form 3CD on income tax portal Section 115TD Tax at MMR for trusts in certain cases Section 54F Deduction allowed on LTCG from sale of inherited jewellery : ITAT Everything you need to know about advance tax ITR filing within due date is mandatory for claiming deductions under section 80IB(10) : ITAT Section 133(6) Notice of Income Tax Act What is Form 10E for Relief under Section 89(1) Treatment of Amounts received on retirement forming part of salaries What is perquisites under income tax Agricultural Income Form 67 for Relief under section 90/90A/91 Taxation on online Gaming Aadhaar-PAN Linkage: Ensuring PAN Operability in a Fast-Changing Landscape Income Tax Changes in Budget 2023 Is ITR applicable to you? What happens if the income tax return is not filed in India? Income Tax Changes – Budget 2022 Category: TDS How to give feedback in AIS (Annual Information Statement) TDS Rates issued for FY 2024-25 CBDT extends due dates for filing Form 10A and 10AB via circular No.7/2024 Changes and important amendments in Form 3CD Category: Technology Category: Videos Retrospective Tax Applicability CII for FY 24 28 Tax Benefits to Senior Citizens How to download TDS form 16 on traces Import single click all online details Resolve tax credit mismatch Tax implications of withdrawing PF DSC not required for Filing Audit reports for Individuals and HUFs LEI No. Disclosure in ITR Form 10 IEA (revised video shared on 29/04/2024) TDS 24Q FVU Released 80GGC donation to political parties TDS Deduction for inoperative PANs will not attract higher rate These 5 taxbase features will change the way you work How to opt out of new tax regime ITR 2 E-filing is started in taxbase ITR E-verification how to raise refund re-issue request ITR filing is mandatory if any of these conditions are satisfied Adjustment to opening WDV of assets is required in case of new regime is opted for AY 2024-25 Reporting of Disability ID in 80DD and 80U Concept of Tax Holiday Sukanya Samriddhi Scheme Tax benefits What is UDIN What is IFSC and its benefits Tax audit reason is to be provided in ITR 3 from AY 2024-25! Section 54 EC How to fix problems relating to the DSC (DSC alert by Department) 5 important points of new tax regime TDS on property purchase Tax on Undisclosed Income Electoral Bonds Scrapped 80GG and HRA Taxation of Gifts upon marriage Mutual Fund Taxation LEI number in ITR CBDT update on ITR Filing Income of a minor child Why to File 15G and 15H Form Popups Diwali Offer Notice Example: Auto-opening announcement popup Example: Auto-opening announcement popup