In India, the high-value cash transactions has been moderated by income tax laws to monitor cash flows and preventative measures against illegal financial doings. According
If you have paid more taxes than your actual liability, you can request a refund for the excess amount. The Income Tax Department offers an
Here YMC Pune will guide for effective tax planning which is essential for reducing tax liabilities and enhancing income. The Income Tax Act outlines various
An income tax refund happens when there is a mismatch between tax paid and your actual tax liability. You may realise that you have a
The Permanent Account Number (PAN) card and Aadhaar card are critical identification documents for Indian citizens. The Income Tax (IT) department issues the PAN card, while the Unique
The taxpayers have to file the Income tax return of their income earned up to 31st July of the assessment year (AY) relevant to the
In this video, You Will learn step-by-step on how to file ITR online. Learn how to navigate the Income Tax e-filing portal, enter your income
Ǫ.1: Taxpayer is unable to choose ITR 1/ 4 from drop down for AY 2024-25 as the option is greyed off” while filing return? Ans:
What’s New In Income Tax Interim Budget 2024 – The budget maintained the existing tax rates for both direct and indirect taxes. Taxpayers with income
Understanding the taxability also involves knowing whether the item/goods is exempt or not under GST. Due to the scope of taxable supplies being widened under
