Form 16- Income Tax
Form 16- Income Tax Form 16 is the format that an employer should use to issue an acknowledgment of TDS deducted from an employee’s salary. Any person who is responsible for deducting tax at source (TDS) from an employee’s salary is obligated to provide the employee with this form in the prescribed format. This article […]
GST Amnesty Scheme gets extended
GST Amnesty Scheme gets extended Due to the negative impact of the pandemic on small businesses, small taxpayers found it difficult to complete pending compliances under the GST Amnesty Scheme. Furthermore, small taxpayers lacked the resources to file the pending GSTR-3B by August 31, 2021. Because of these concerns, the department has decided to extend […]
Resignation Letter Format
Resignation Letter Format Resignation Letter Format A resignation letter is a formal request for an employer’s acceptance of resignation from employment sent by an employee. A resignation letter typically includes the reasons for leaving, the preferred date of departure, and a formal thank you to the employer for providing work thus far. Typically, an employer […]
Provisions Relating to Advance Tax
Provisions Relating to Advance Tax A gist on provisions relating to Advance Tax (Sections 207 – 219) of the Income Tax Act, 1961 SL. NO. PARTICULARS INFORMATION/ INPUTS 1. Liability to pay Every person whose estimated tax liability for the year is Rs.10,000 or more is required to pay advance tax. (Section 208) 2. Persons […]
Download e-PAN Card
Download e-PAN Card Downloading an e-Pan card via the NSDL or UTITSL site. A digitally signed Permanent Account Number, or e-PAN card, is a PAN card that is issued in electronic form. The e-PAN card is a valid proof of PAN allotment. Download e-Pan Card using NSDL Portal The NSDL webpage categorizes the download e-PAN […]
How to make money from selling on amazon and flipkart?
How to make money from selling on amazon and flipkart? You’ve always wanted to sell something on the internet, right? Accept the fact that not everyone can build a successful ecommerce business like Amazon’s Jeff Bezos or Flipkart’s Sachin Bansal, but anyone can join their journey and make it big. On Amazon and Flipkart, there […]
GST E-way bill
GST E-way bill A waybill is a receipt or document issued by a carrier that contains information and instructions about the shipment of a consignment of goods. The information includes the name of the consignor and consignee, the point of origin of the consignment, its destination, and route. Electronic Way Bill (E-Way Bill) is essentially […]
How to avoid notices from Income Tax Department?
How to avoid notices from Income Tax Department? “Prevention is better than cure”, Well ! All of us have heard this quote very often, taking preventive measures to avoid notices from department is definitely a better way-out than curing the defects with consequences. Planning your taxes well will elucidate the matter than thinking to evade […]
Deposits and Exempted Deposits
Deposits and Exempted Deposits Any company can accept amount from a person who is its director at the time of receipt of the amount out of his own funds or from the existing Directors. For this purpose, the director will have to submit a declaration with the Company that amount is not being given out […]
Download Free Experience Certificate Format 2021
Download Free Experience Certificate Format What is an Experience Letter? An experience certificate is an official certification given to an ex-employee to give a recommendation for their work. It is also known as work experience letter. An experience certificate shall be provided prior or on the day of complete settlements. It is also considered to […]
