Category: Daily Bites

Taxation Due Dates in Feb – Mar | F.Y. 2022 – 2023 in India

Here is a list of due dates for different tax filing till March 31, 2023 7 February 2023 –  This is the due date for deposit of Tax deducted/collected for the month of January 2023. However, all the sum deducted/collected by an office of the government shall be paid to the credit of the Central

File Income Tax Return Online – A Beginners Guide

Income Tax Return (ITR) can be filed online in a government-issued form used by taxpayers to report their income, costs, deductions, exemptions, taxes paid, etc. The filing of an income tax return is not necessary for people with certain basic limits.

12 GST Amendment effective Now from 1st October 2022 | GST Updates

Finance Act, 2022 introduced various amendments under GST Law.An effect from 1st October 2022, the following amendments are made applicable. A brief summary of relevant changes/relaxations ITC Restriction – Amendment of section 16: A new sub-section has been inserted i.e. Section 16(2)(ba) to restrict the ITC to the extent available in lines with Section 38

चार्टर्ड एकाउंटेंट्स के लिए मुफ्त जीएसटी सॉफ्टवेयर | एक विशेष पहल

‘एक्सप्रेस जीएसटी’ सॉफ्टवेयर जीएसटी फाइलिंग में आने वाली दिक्कतें कम करता है और प्रोफेशनल सीए पहले साल सॉफ्टवेयर का मुफ्त लाभ उठा सकते हैं। हमारा उद्देश्य किफायती स्वचालन प्रदान करना है जो भारतीय वित्तीय और इकॉनोमी सिस्टम को सहायता करता है।

Remuneration and Interest to Partner – Section 40(b) using IT

The process to enter disallowed partner’s interest and remuneration as per section 40 in Part OI Point no 8A h. “Amount of interest salary, bonus, commission or remuneration paid to any partner or member” As per section 40(b)(v) any payment of remuneration to any partner who is a working partner, authorized by, and is in