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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IRS Form 8825: Complete Guide for Rental LLCs

IRS Form 8825 is one of the most important...

Rental Property Recordkeeping: IRS-Proof Your Deductions

Rental property recordkeeping is the foundation of audit-proof tax...

Adoption Tax Credit 2026: New Refundability Rules & Tribal Government Recognition (Full Guide)

The Adoption Tax Credit 2026 brings major updates, including refundability...

IRS 2026 Tax Season Update: What Small Businesses & Entrepreneurs Must Prepare Now

As we move deeper into the 2026 tax season,...

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