The Central Board of Direct Tax (CBDT) had issued a JSON utility to file Income Tax Returns (ITRs) for Assessment Year 2021-22. Currently, the JSON utility is enabled only for forms ITR-1 & ITR-4. The CBDT will enable JSON utility for other ITR forms as well in the next releases.…
Due to other relevant factors the prices of stocks in stock market changes rapidly and drastically. To safeguard themselves the investors invests in derivatives like futures and options. The term derivative means, it is a kind of contract which derives its value from the underlying assets…
The CBDT had notified few significant changes in ITR-1 via a notification dated 31st March 2021. Following are the amendments in this ITR-1 form;…
you can e-verify your return via multiple ways which is much easier and convenient as compared to sending ITR-V to CPC Bengaluru…
As per the notification, there is no maximum limit to keep gold. But the person should have proper invoices for holding a gold jewellery or ornaments.…
The Finance Bill, 2021 was introduced in Lok Sabha on 01st February 2021. It was passed by Lok Sabha on 23rd March 2021. Overall, 127 amendments were made in bill as compared to Draft.…
The purpose behind introducing QR codes in GST is to make things quick and convenient in this digital area. This new e-invoicing system aims to have a standardized way of reporting invoices.…
Make investments in tax saving options and save taxes for FY 2020-21.…