The Goods and Service Tax (GST) law provides that a registered taxpayer must claim Input Tax Credit (ITC) only to the amount of eligible ITC captured in form GSTR-2B. Any amount of GST due after considering ITC as per GSTR-2B must be paid at the time of filing GSTR-3B

After being convinced by his father’s suggestion that he should do something else other than getting into a government job like him, Kapil Goyal opted for commerce even though he had top scores in science and mathematics. He cleared CA at first shot in 1998 and began practicing. But soon he discovered that the world

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

We Craft Awesome Technology Experience Used by Tax Professionals, SMEs and Corporates for Income Tax, TDS, PDF Signer & ROC Compliance and many more!. ( Simplifying your e-filing of income Tax Returns) Why Choose Income Tax Auditor by KDK Ease of Accessibility & Navigation from one ITR Form to another Interoperability from XML, MS Excel

Using KDK Zen Income Tax On this page Introduction To select the LLP status in Income tax Auditor Software, please follow the steps provided below: Introduction LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. A limited liability partnership (LLP) is a partnership in which some

KDK TDS is the #1 TDS Software for All TDS-related compliance. KDK TDS Software is used widely by Tax Professionals, Tax Practitioners, SMEs & Corporates and is considered the best software for TDS Filing. Zen TDS by KDK covers all TDS compliance work. Zen Corporate TDS Features Features Preparation and Validation of e-TDS return file.

Introduced as a mandatory provision in 2017, the Aadhar-PAN linkage is now familiar law. Extended several times, the last date for ensuring linkage currently stands at June 30, 2021, whereafter any unlinked PAN card will lose its validity. Further, penal provisions exist for the use of an inoperative PAN card as it is unlawful.   But

Income Tax return filing is a multi-step, pre and post-e-filing process and it is simple to determine the status at each of the stages. How to find the status at each point of e-filing is enumerated hereunder. Pre-e-filing stage Before starting, please ensure that the 26AS contains and is updated with annual income and the

The Goods and Services Tax is a comprehensive multi-stage tax implemented in India on the supply of goods and services. It has come into effect as of July 1st 2017 and has overhauled India’s tax structure. If you’re a business owner, you might be wondering just what the point of the GST system is, and

The slab system is used to levy tax on individual taxpayers in India. The slab system simply implies the fact that diverse tax rates are prevalent for taxpayers having distinguished income ranges. The tax rate progressively increases with an increase in taxpayer’s income. These income tax slabs ideally undergo a change during every annual budget