Tax deducted at source

What is Tax deducted at source? Whenever any payment is done by any person, be it be individual/ HUF/ company or anyone, to any person Individual or otherwise, and the income of such person is accessible in India, then the payer must deduct an amount at source if the amount exceeds the limit, that amount is…

Income Tax Return Filing

If you are an individual taxpayer, you should do income tax return filing. This blog post will provide basic information about income tax returns and what you need to do to file one. It is not a substitute for professional help. If you have any questions, please consult a tax advisor. Income tax return filing…

Income Tax faceless assessment

Income Tax faceless assessment is an electronic and digitalized way to assess income efficiently. Why Income Tax Faceless assessment? The Income Tax faceless assessment scheme was introduced to Income tax faceless assessment Previously, from the very first step from notifying the taxpayer to verification, valuation, and Requirements, to the last steps of the assessment, it…