Income tax return: What is NIL ITR? Who is eligible, what are the benefits
Even though 31 July is the last date to file income tax returns, several people have the misconception that filing …
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Faceless Assessment [Section 144B] Of Income Tax
![Faceless Assessment [Section 144B] Of Income Tax](https://taxupdates.cagurujiclasses.com/wp-content/uploads/2023/07/xblog-1-8-768x432.jpg.pagespeed.ic.4jgJ0svmnS.jpg "Faceless Assessment [Section 144B] Of Income Tax")
Faceless assessment means the assessment proceedings conducted electronically in “e- proceeding” facility through assessee’s registered account in the designated portal. …
Scrutiny Assessment u/s 143(3) of Income Tax
This is a detailed assessment and is referred to as scrutiny assessment. Scrutiny assessment under Section 143(3) of the Income …
Changed your job? Here’s how to change Exit Date on EPFO website
The Employees Provident Fund Organisation (EPFO) has announced that the employees who change their jobs can update their exit date …
Notice u/s 143(1) – Intimation or Notice or Assessment what it is? Let’s know in detail
Every taxpayer has to furnish the details of his income to the Income-tax Department. These details are to be furnished …
E Invoice – 2 Factor Authentication mandatory from 21/08/2023
2 Factor Authentication will be made mandatory from 21/08/2023 for all the taxpayers with AATO above 100cr. Click here to …
Senior citizens Income Tax benefits 2024
According to the Income Tax Act of 1961 in India, an individual is considered a senior citizen for income tax …
Section 80CCD – Deduction for Contribution to Pension Funds (NPS & AYP) by employee, employer and voluntary contribution
Section 80CCD of the Income Tax Act, 1961 is a provision that provides tax benefits for contributions made towards the …
Section 80TTB – Deduction of Interest for Senior Citizens
Section 80TTB of the Income Tax Act, 1961 is a provision that provides tax benefits to senior citizens on interest …
20 Important Decisions of 50th GST council meeting
50TH GST COUNCIL MEETING WAS HELD ON 11 JULY 2023 AT VIGYAN BHAWAN NEW DELHI AND ANNOUNCED MAJOR CHANGES IN …
