# ret
12 posts in `ret` tag
Understanding GSTR 11: An All-Inclusive Manual for Compliance and Filing
This blog offers a thorough explanation of GSTR 11 and covers its regulations, qualifying requirements, return filing procedure, and non-compliance penalties. For embassies, UN agencies, and other notified parties who must file GSTR 11 and adhere to Indian GST legislation, it is an extensive resource.
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By Krishna
Complying with Rule 10A: Providing Bank Account Details for GSTR-1/IFF
This blog provides a comprehensive guide to furnishing bank account details for GSTR-1/IFF as per Rule 10A of the CGST Rules, 2017. It covers the importance of furnishing bank account details, the step-by-step process to comply with this requirement, and the consequences of non-compliance.
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By Krishna
A Complete Guide to Understanding Income Tax Notice Under Section 142(1)
This blog post provides a comprehensive guide to Income Tax Notice Under Section 142(1), including its purpose, when it is issued, and how to respond to it. It also covers the consequences of non-compliance and provides tips on how to safeguard yourself from penalties
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By Krishna
Understanding Scrutiny Assessment under Income Tax Section 143(3) - A Comprehensive Guide
This blog post provides a comprehensive guide to Scrutiny Assessment under Income Tax Section 143(3), including its purpose, time limit, notice, and hearing process. It helps taxpayers understand the importance of complying with the income tax laws and avoiding penalties.
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By Krishna
Interpreting Section 139(9): A Comprehensive Guide to Managing Inaccurate Return Notifications
This blog post provides a comprehensive guide to the notice for defective return under Section 139(9) of the Income-tax Act, 1961. It covers the reasons for issuing a notice, the process of notice, consequences of receiving a notice, and tips on how to avoid receiving a notice.
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By Krishna
Correcting Mistakes: A Comprehensive Guide to Revised ITR Filing
Filing an Income Tax Return (ITR) can be a daunting task, and mistakes can occur. A revised ITR is a solution to rectify errors or omissions in the original return. This comprehensive guide covers revised ITR filing deadlines, common errors, procedures, and tips to help you navigate the process with ease.
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By Krishna
TDS on GST Invoices
This blog provides a comprehensive guide to understanding the Tax Deducted at Source (TDS) mechanism on GST bills. It covers who is liable to deduct TDS, how to calculate TDS, and the benefits and challenges of implementing TDS on GST bills. The blog also provides best practices for implementing TDS on GST bills and answers frequently asked questions.
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By Krishna
Explaining Income Tax Notice Section 143(2): A Detailed Guide to Section 143(3) Scrutiny
This blog post provides an in-depth explanation of the income tax notice under Section 143(2) and the scrutiny process under Section 143(3). It covers the types of notices, consequences of ignoring, and time limits for issuing notices and final assessment orders, helping taxpayers navigate the complexities of the income tax laws.
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By Krishna
ITR 7: A Detailed Handbook for Taxpayers
This comprehensive guide provides taxpayers with a detailed understanding of ITR 7, including who is eligible to file, how to file, and important dates to remember. It also covers the penalty for late filing and frequently asked questions.
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By Krishna
Income Tax Department's Cautionary Notice: A Comprehensive Guide to Correct and Accurate ITR Filing
The Income Tax Department has issued a cautionary notice to taxpayers regarding the importance of correct and accurate ITR filing. This blog post explains the significance of accurate tax returns, the consequences of incorrect filing, and provides tips on how to ensure accurate ITR filing. Read on to understand the notice and its implications for taxpayers.
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By Krishna
GSTR-1A: New GST Form Details
The Goods and Services Tax Network (GSTN) has introduced a new form, GSTR-1A, to simplify the GST filing process. This comprehensive guide provides expert advice on how to navigate the new form, make corrections, and ensure seamless reconciliation. Learn how to file GSTR-1A accurately, avoid common mistakes, and stay compliant with GST regulations.
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By Krishna
Understanding Sections 234A and 234B of the Income Tax Act, 1961
This blog provides a comprehensive overview of Sections 234A and 234B of the Income Tax Act, 1961. It explains the interest levied for defaults in filing income tax returns and advance tax payments, their implications, and key differences. The blog also offers practical tips for taxpayers to ensure compliance and avoid penalties.
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By Krishna