Tag: income tax

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Extension of Due date for filing of Income Tax Returns till 31st Aug 2022

Extension of Due date for filing of Income Tax Returns: Howrah Tax Bar Association requested the Chairman of the Central Board of Direct Taxes...

Can Bonus Shares Received by Shareholders Be Taxable under Income Tax?

Can bonus shares received by shareholders be taxable under the head ‘Income from other sources as per the provisions of section 56(2)(x), as they...

Permanent Account Number (PAN) – What are the Consequences of Not linking PAN with Aadhaar Number?

Hey Guys, I will share with you all about the Permanent Account Number (PAN) - What are the Consequences of Not linking PAN with...

FAQs on Annual Information Statement (AIS)

Annual Information Statement (AIS): Basic information on Annual Information Statement functionality. Here you will get the details about FAQs on the Annual Information Statement...

What is a Difference between Advance Salary and Advance against Salary?

People have no idea what salary is like and how Taxability of Salary is done. So, today we give you a complete overview of...

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Form 1065 Schedule M-2: Capital Reporting Simplified

If you operate a multi-member US LLC taxed as...

Real Estate Professional Status: The Ultimate Tax Advantage in 2026

Real estate professional status is one of the most...

Form 8594 in 2026: Asset Purchase Reporting Rules Every US LLC Must Know

If you’re buying or selling a business in 2026,...

EIN for Foreign-Owned US LLCs in 2026: Complete IRS Application Guide

If you are a non-resident forming a US LLC,...

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