Learn how to file Income Tax Returns ( ITR ) for FY 2022-23 (AY 2023-24) and FY 2023-24 (AY 2024-25). We covers tax concepts on Salary, interest, Capital Gains, House Property, Business and Profession and GST.
GST payment refers to the tax businesses and individuals are required to pay to the government under the Goods and Services Tax regime. This payment is calculated based on the applicable rates for the goods or services provided, after subtracting Input Tax Credit (ITC). Businesses collect GST fr...
Registration fee: this ranges from €1,200 to €4,000 and usually includes further services once your company is registered. Beware firms that claim to charge as little as €500 for registration, they always follow up with additional charges and hidden fees for the services you need to prope...
A GST number is also necessary to claim the input tax credit, which is the amount of GST paid on the goods or services purchased for business purposes. Input tax credit claim is likely for a GST-registered person only if the supplier has uploaded the invoice details in the GST portal and...
You may run the report over any period to see: The CGT position for all your holdings sold within the period Your CGT gains broken up into short and long term, as well as your losses A summary of the short and long-term gains and losses, as well as any capital gain or claimable...
But if we were to look at the issue, for anything to qualify as a service under the service tax regime, there needs to be a service in existence, and, for a consideration. There were debates around whether the act of extending a corporate guarantee fit into any of the common s...
Aside from city taxes, is proposed to deny a credit for certain foreign taxes, including: taxes of an enemy country; countries with a harmful tax regime; taxes credited in another country; and taxes of a country that lacks an information exchange agreement with Israel unless upfront permission...
Can we claim a refund if the return is filed after the due date? What happens if you don’t file an ITR for 3 years? Related News Tax Department to Revamp ITR e-Filing with Project IEC 3.0 The Income Tax Department is set to launch Project IEC 3.0, a new e-filing portal that prom...
Get ready for the 2024/25 Self Assessment deadline with expert tips and insights from Quickbooks. Discover essential strategies to prepare for stress-free tax.
While Eq. (3.2) depicts the explicit preferential claim per share, we define any further implicit claim concerning the remainder allocation per share as. Thus, the total (uncapped) claim per share at exitT,, amounts to [Math Processing Error] ...