Understanding GSTR-1A:
The Goods and Services
Tax (GST) system in India has revolutionized the way businesses handle indirect
taxation. One of the key forms that businesses must navigate is GSTR-1A. This
form plays a crucial role in ensuring the accuracy of sales data reported under
GST. Understanding GSTR-1A is essential for maintaining compliance and avoiding
potential discrepancies in your GST filings.
- 12th Aug 2024
- Category: Taxation
- views: 115
Understanding Belated Income Tax Returns
Filing your income tax return on time is crucial,
but sometimes life gets in the way. Whether due to unexpected circumstances or
simple oversight, missing the deadline for filing your income tax return can
happen to anyone. Fortunately, the concept of a belated income tax return
offers a second chance. In this blog post, we will explore what belated income
tax returns are, the implications of filing late, and the steps to file a
belated return.
- 1st Aug 2024
- Category: Taxation
- views: 125
Income Tax: Old Regime vs. New Regime
Navigating income tax options can be a bit overwhelming, especially with the choice between the old and new regimes. Here’s a breakdown to help you decide which might be better for you.
- 27th Jul 2024
- Category: Taxation
- views: 142
ITR-4 for AY 2023-24
Income Tax Return (ITR)
filing is an essential process for taxpayers in India. For individuals and
businesses opting for the presumptive taxation scheme, ITR-4 (Sugam) is the
relevant form. In this blog, we’ll explore everything about ITR-4 for the
Assessment Year (AY) 2023-24, covering eligibility, structure, filing process,
and recent updates.
- 20th Jul 2024
- Category: Taxation
- views: 136
