CBDT has made certain changes in Form No. 3CD (tax audit report), Form No. 3CEB (report to be furnished under section 92E) and Form No. 65 (Application for exercising/renewing option for the tonnage tax scheme u/s 115VP/115VR). The changes in the aforesaid forms are...
If you have outstanding demand in queue on your Income Tax portal, then do follow the below steps to know the details or to submit the response- To check your outstanding demand Step 1– Login to e-filing portal on www.incometax.gov.in Step-2– Go to ‘Pending action’...
Under Income Tax Act, An Individual can be a Resident and ordinarily resident (ROR), Resident but not ordinarily resident (RNOR) and Non- Resident (NR). To determine the residential status of an Individual, one is required to check the residency rule as explained in...
As we all know with the boom in the Indian Stock Market, Mutual fund is the most hottest investment option in the market. It is not only tax efficient instruments but also helps in earning a good return on our investments. Type of Mutual Fund Equity oriented Mutual...