Recent Queries

Can we file Belated HUF Returns Under New Provisions Without Form 10IE

If the deadline for filing the Income Tax Return (ITR) is missed, the individual has the option to s...

Can I file Income Tax Return even if Aadhar-PAN are not linked

Yes, you can still file your Income Tax Return even if your Aadhar-PAN are not linked yet. In a ...

Tax Implications on NSC for Minors

NSC or National Savings Certificate is a government savings bond that is useful for small investment...

What should I do if there is an error in AIS or Form 26AS?

Q What should I do if there is an error in AIS or Form 26AS? A The AIS includes information that ...

All about the Annual Information Statement (AIS)

The Annual Information Statement (AIS) is a comprehensive overview of taxpayer information, presente...

What is the meaning of Aggregate turnover under GST?

Aggregate Turnover refers to the total sales value of a business registered under GST, which is calc...

How to find the CIN (Challan Identification Number) of advance tax paid?

CIN (Challan Identification Number) is a unique identification number generated by banks when an ind...

Advance Tax Installment Details

Advance tax is tax that is paid in installments throughout the year, rather than paying the entire t...

  • Megha
  • December 31, 2022

Income Tax

What should I do if there is an error in AIS or Form 26AS?

Q What should I do if there is an error in AIS or Form 26AS? A The AIS includes information that ...

All about the Annual Information Statement (AIS)

The Annual Information Statement (AIS) is a comprehensive overview of taxpayer information, presente...

How to find the CIN (Challan Identification Number) of advance tax paid?

CIN (Challan Identification Number) is a unique identification number generated by banks when an ind...

Advance Tax Installment Details

Advance tax is tax that is paid in installments throughout the year, rather than paying the entire t...

  • Megha
  • December 31, 2022

Whether tax audit is applicable or not in my case

As per section 44AB of the Income-tax Act, 1961, tax audit is applicable (for above-mentioned cases ...

Taxability of property gifted to nephew

Section 56(2)(x) exempts gift received by any person from his/her relatives in the case of an...


Goods & Service Tax

What is the meaning of Aggregate turnover under GST?

Aggregate Turnover refers to the total sales value of a business registered under GST, which is calc...

Difference in ITC as per books and GSTR-2B

As I have understood your query, your question is that how much ITC can be claimed if the ITC a...

Section 16(2)(aa) applicability on ITC under GST

Section 16(2)(aa) of CGST Act, 2017 which was inserted vide Section 109 of Finan...

Eligibility of ITC on RCM after expiry of time limit under section 16(4)

In case of reverse charge, the time of supply is be the earliest of the following dat...

How to revise GSTR-4 Return and file CMP-08?

GSTR-4 is a GST Return that has to be filed by a composition dealer.  Now, co...

GST Tax liability on medicines supplied to patients through pharmacy

OUT PATIENT (OPD) : The out-patients are those who visit the hospital for routine check-ups ...