Calculating the tax liability and submitting the payment to authorities before the due date is known as advance tax. The taxpayer is required to payadvance taxwhen his estimated liability for the fiscal year is more than Rs 10,000. The government has released a list of due dates for the pay...
Form 26AS also called as Annual Statement, is a consolidated tax statement which has all tax-related information (TDS, TCS, Refund etc) associated with a PAN. It shows how much of your tax has been received by the government and is consolidated from multiple sources like your salary/pension...
In above given problem a part of consideration has been received through banking challan. For calculating Capital Gain Tax, we have to consider Full Value of consideration at the time of Agreement that is Rs. 2.00 Crores or Stamp Duty Value in February,2021 whichever is more (on the assumptio...
In AY 2015-16 Income Tax Department introduced E-Verification of Income Tax Returns through which one could electronically verify the submitted ITR . If one electronically verifies ITR then one . Our articleE-verification of Income Tax Returns and Generating EVC through Aadhaar, Net Bankingexplains ...
Income Tax Refund Status Income Declaration Scheme E-payment of income tax ITR-Verification to CPC Bangalore Income from Other Sources Tax Exemption Minimum Alternate Tax Section 80U Income Tax for Senior Citizens Income Tax for Pensioners ITR Non-Compliance Notice ...
Payment to cine or tv artists. liability under rcm(35) Penalty under section 127(26) Gst on royalty under rcm(25) Gst on post supply discount(21) Itc credit for raw materials sold as scrap(20) 16(4) time limit(19) Non issue of tax invoice by registered gta(16) ...
Tax deposited in respect of the deductee ( Rs.) BSR Code of the Bank Branch Date on which tax deposited (dd/mm/yyyy) Challan Serial Number Status of matching with OLTAS Total ( Rs. ) Verification I,……….., son/daughter of ……….working in the capacity of ……. (designation...
8 008 Schedule IT Sl No i Details of Advance Tax and Self Assessment Tax Payments of Income-tax Name of Bank & Branch BSR Code Date of Deposit (DD/MM/YYYY) Serial Number of Challan ii iii iv v NOTE ► Enter the totals of Advance tax and Self Assessment tax in Sl No....
PAN, or permanent account number, is a unique 10-digit alphanumeric identity allotted to each taxpayer by the Income Tax. GST RETURN As per the government’s TDS Scheme, tax has to be deducted at the time of making payment. Person who makes the payment. ...