As the first quarter of the 2024-25 financial year ends, it's essential for taxpayers and businesses in India to be aware of important tax deadlines in July 2024. This blog provides a comprehensive guide on critical due dates set by the Income Tax Department and GST authorities. It covers deadlines for TDS deposits, TDS certificates, income tax returns, and GST filings, helping you stay compliant and avoid penalties.

This blog post provides a comprehensive guide to Section 135 of the Companies Act, 2013, which deals with Corporate Social Responsibility (CSR). It covers the CSR provisions, amendment rules, and filing process, making it a valuable resource for companies looking to comply with CSR regulations in India.

Section 10AA of the Income Tax Act provides substantial tax deductions for units operating in Special Economic Zones (SEZs). This blog details the eligibility criteria, steps to compute the deduction, and the necessary compliance requirements for claiming these tax benefits. It covers the phased deduction structure, documentation needed, and the overall benefits of leveraging Section 10AA. Perfect for business owners and professionals looking to optimize their tax liabilities while promoting export-oriented growth.

Advance tax is an essential part of the Indian tax system, requiring certain taxpayers to pay their taxes in instalments throughout the year. This blog explains who needs to pay advance tax, the deadlines for payments, how to calculate and pay it, and the penalties for missing the payment deadlines. Understanding these aspects helps ensure compliance and avoid interest charges.

This blog delves into the intricacies of GST refunds, outlining the challenges businesses face and providing actionable strategies to expedite the refund process. From maintaining accurate records to leveraging automation and technology, readers will gain valuable insights into streamlining their refund claims and enhancing cash flow management.

In this comprehensive guide, we delve into the intricacies of calculating depreciation on the Written Down Value (WDV) of a block of assets under the Income Tax Act. Depreciation is a key component of financial management, representing the gradual wear and tear of assets over time. This blog explores the essential elements involved in WDV depreciation calculation, including the initial cost of assets, residual value, useful life, and prescribed depreciation rates. Through practical examples and step-by-step explanations, we equip taxpayers with the knowledge needed for accurate financial reporting and tax compliance. Understanding how to calculate depreciation correctly ensures businesses can effectively manage their asset values and adhere to tax regulations

This blog post serves as a one-stop resource for businesses in India navigating the Goods and Services Tax (GST) regime. It provides a clear understanding of various GST return types and their applicability. The core focus is on the crucial due dates for filing GST returns in June 2024. A well-organized table summarizes the deadlines for each return type, along with a brief description and applicability criteria. The blog emphasizes the importance of staying updated on potential changes to these deadlines by referring to the official GST portal.

This comprehensive guide covers essential information for businesses and individuals operating in India regarding income tax, provident fund (PF), and employees' state insurance (ESI) compliance in June 2024. Understand the requirements, deadlines, and forms to be submitted to maintain compliance with Indian tax laws and regulations.

This comprehensive guide on trademark registration covers everything you need to know to protect your brand. Starting with the basics of what a trademark is and its benefits, the blog delves into different types of trademarks and the importance of conducting a thorough trademark search. Detailed steps for the trademark application process are outlined, followed by tips on maintaining and enforcing trademark rights. The guide also addresses international trademark protection and common challenges faced during registration. Whether you're a business owner or a legal professional, this guide will help you navigate the complexities of trademark registration and safeguard your brand identity.

This blog provides a detailed overview of the returns and forms applicable to individuals with business income for the Assessment Year 2024-2025 in India. From understanding the basics to filing tips, readers will gain insights into ITR-3, Form 16, Form 26AS, Form 44AB, and Form 10AA, along with key compliance strategies.

Tax Collected at Source (TCS) under Section 206C of the Income Tax Act, 1961, is a crucial aspect of the Indian taxation system. This blog provides an in-depth look at TCS, detailing the specified goods and transactions, applicable rates, exemptions, compliance requirements, and recent amendments. By understanding these provisions, businesses can ensure compliance and avoid penalties. Stay informed about the latest updates and implications of non-compliance with this comprehensive guide.

Filing income tax returns for small businesses can be a daunting task, with numerous regulations and intricacies that can lead to costly penalties or missed savings opportunities. In this comprehensive guide, we will explore the top 8 common mistakes to avoid when filing income tax returns for small businesses, helping you ensure compliance and maximize savings. From maintaining accurate records and classifying employees correctly to claiming all eligible deductions and filing on time, our guide covers everything you need to know to make the tax filing process smoother and less stressful.