Every taxpayer who uses the Online Tax Service must have an Electronic Filing Identification Number (EFIN). EFIN is a unique number issued to taxpayers in Indonesia by the Directorate General of Taxes. This number is needed to fill out tax forms, make payments, and complete other transactions ...
8) Click on “Taxes paid and Validation” Tab. In this section you will see the balance of tax to be paid / refund If there is an amount in D17, which mean that you need to pay more tax. In that case, DONOT submit the return now. First pay that amount using the Self assessment...
Essential Documents You Need to File Your Income Tax Return Filing your income tax return (ITR) can seem complicated, but it’s easier when you gather the right Understanding TCS on Foreign Remittance in India: A Complete Guide TCS stands for Tax Collected at Source. It's a type of income...
If you transport international freight, some include brokerage fees; others include import/export taxes and duties in their costs. Financial- and information-based 3PLs Many retailers, due to the COVID-19 pandemic, are now focused on unit economics. It’s a model that requires visibility into ...
Indirect taxes apply to the sales of goods or services paid for by the customer to a business, which in turn has to pay the tax collected to the state or other local tax authority. This is why sales tax is often referred to as a “pass-through tax.” The tax moves from the ...
(HUF), a company, firm, LLP, an association of individuals, a body of individuals, a local authority, etc. pays taxes. This law states that a person's residency status determines whether he will be taxed. The income earned by every resident in India is subject to taxation. When filing ...
if the taxpayer is a resident of India, and he has paid taxes outside India, he can claim a credit of such foreign taxes paid against his tax payable in India. An individual taxpayer shall furnish Form 67 in order to claim Foreign Tax Credit. This article explains how to fill Form 67...
various situations, ranging from late or incomplete GST return filings to unpaid taxes or excessiveinput tax creditclaims (ITC). Responding to these notices timely and accurately is crucial for businesses to avoid penalties,ensure a smooth tax filing process, and maintain compliance with the tax...
Sales tax compliance has become more complicated in the US. Here’s what you need to know about when and where you should charge sales tax.
Some people may not have to file taxes for the 2023 tax year. The law doesn’t require you to file a tax return if you make less than a certain amount of money, which varies based on age and filing status. The IRS offers a tool to help determine your options. Even if you don’t...