Filing tax returns involves reporting income, deductions, and tax liabilities to the government. The process includes gathering documents, selecting the correct ITR form, filing online, paying any due taxes, and... Read More
Author: Bhavika
An NRI can apply for a TDS Deduction Certificate by submitting Form 13 to the Income Tax Department. This certificate helps reduce or eliminate TDS on specific income like rent... Read More
A Lower/NIL TDS Deduction Certificate for NRIs is issued by the Indian tax authorities to reduce or eliminate Tax Deducted at Source (TDS) on specific income. NRIs must apply through... Read More
Form 15CA and 15CB are required for the repatriation of funds from India. Form 15CA is a declaration from the remitter confirming compliance with Indian tax laws, while Form 15CB... Read More
Transferring money from an NRO (Non-Resident Ordinary) account to an NRE (Non-Resident External) account is allowed within certain limits (up to USD 1 million per year). The process involves ensuring... Read More
Double Taxation Avoidance Agreement Consultancy Double Taxation Avoidance Agreement (DTAA) Consultancy helps individuals and businesses navigate tax liabilities in multiple countries. The consultancy provides advice on how to utilize DTAA provisions... Read More
Residential status consultancy helps individuals and businesses determine their tax residency under Indian laws. Experts analyze factors like stay duration, income sources, and travel history to assess whether one qualifies... Read More
The ROC Compliance Calendar includes key filing deadlines for companies in India. These include Form MGT-7 (annual return) within 60 days of the AGM, Form AOC-4 (financial statements) within 30... Read More
The New Tax Regime in India offers lower tax rates with simplified slabs but excludes most deductions and exemptions. Designed for taxpayers seeking reduced tax liability without complex compliance, it... Read More
Tax deduction and collection Account Number The Tax Deduction and Collection Account Number (TAN) is a unique 10-digit alphanumeric number issued by the Income Tax Department to entities responsible for deducting... Read More