A belated income tax return refers to an income tax return that is filed after the due date specified by the Income Tax Department. The due date for filing income tax returns (ITR) is July 31st of the assessment year. If you miss the due date for filing your ITR, you can still file ...
If an individual has already filed the income tax return and subsequently discovers any omission or wrong statement , he can re-file the return with necessary modification.This re-filing of the income tax return is referred to as Revised Return. When should one file Revised Return? The revised...
e-TDS/TCS return has to be prepared in the data format issued by e-Filing Administrator. This is available on the Income Tax Department website and NSDL-TIN website
Where TDS has been deducted u/s 194N If income tax is deferred on ESOPPenalty if Miss the Income Tax Return Filing DeadlineAs per revised rules under section 234F of the IT Act from 1st April 2017 notifies that an individual is liable to pay a maximum INR 10,000 penalty after missing...
Form 26Q is the Quarterly return of TDS in respect of all payments other than salaries. To save Form 26Q, it is recommended that you need to resolve all the exceptions, and then press Alt+B (Save), to save the report.View Form 26Q...
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If your business has buyers who deduct TDS while making payments, then you don’t have to collect TCS from such buyers. TallyPrime provides you with the flexibility to set the exemption for such buyers during the transaction. If you are calculating TCS on accrual, then record a sales ...
Procedures to claim Drawback after GST implantation How to claim IGST refund on exports? Revised GST rate on Other non-alcoholic beverages Revised GST rate on Sulphur recovered as by-product in refining of crude oil Revised GST rate on Marble and travertine, other than blocks ...
Choosing 'Income Tax Return' from the 'e-File' menu will allow you to file your tax return electronically. On Income Tax Return Page: PAN will be auto-populated Select 'Assessment Year' Select 'ITR form Number' Select 'Filing Type' as 'Original/Revised Return' ...
Full Process to Preview GSTR 9 Draft in Excel on GST Portal Step 1: Log in with username id & password on www.gst.gov.in to get started Step 2: Now coming to the dashboard, click on the ‘Annual Return’ tab Step 3: Opt for the financial year regarding the filing of returns, no...