• Comments Off on Income Tax E-Verification Process

Income Tax E-Verification Process

Filing your income tax return is an essential responsibility for every taxpayer, ensuring compliance with tax regulations and contributing to the smooth functioning of the economy. After successfully filing your tax return electronically, the next crucial step is to e-verify it. E-verification is the process of validating and authenticating your tax return filing electronically, eliminating the need for physical verification.
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  • Comments Off on Form-11 : Annual Return of LLP

Form-11 : Annual Return of LLP

Every Limited Liability Partnership registered under the Limited Liability Act, 2008 has to make certain compliances. One of such compliance is the filing of Form 11 with Ministry of Corporate Affairs. Every financial year, an LLP has to file this Form 11 online on the MCA Portal.

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  • Comments Off on How to make payment of GST

How to make payment of GST

Every taxpayer registered under GST has to pay his tax liability after adjusting input tax
credit before filing the return. You can either pay online or offline.

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  • Comments Off on Check if your PAN is successfully linked to Aadhar

Check if your PAN is successfully linked to Aadhar

Central Board of Direct Taxes had made it mandatory to link PAN and Aadhar by 30 June 2023 by paying a penalty of Rs.1,000, failing which would result in PAN becoming inoperative and the taxpayer would not be able to complete any transaction which requires PAN as a mandatory requirement.

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  • Comments Off on How to Claim Refund of GST

How to Claim Refund of GST

Until 48th GST Council Meeting, an unregistered dealer (buyer of flat) could claim refund of GST paid upon cancellation of such flat only from builder that too within the time limit where the builder could issue a credit note to such buyer.

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  • Comments Off on Statement of Donation (10BD)

Statement of Donation (10BD)

On 26th March, 2021 CBDT, through a notification, has notified (vide notification no 19/2021) that a Statement of Donation shall have to be filed with Income Tax Department, declaring the details of donations received during the year via Form 10BD and also a Certificate shall have to be issued via Form 10BE, to all such donors specified in Form 10BD. This notification has been brought up to ensure the transparency of the donations received and to bring into net all the bogus and fraudulent claims of donations.

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