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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Avoiding the IRS Spotlight: 7 Red Flags that Could Trigger an IRS Audit

IRS Audit: Nobody likes being in the IRS spotlight,...

Celebrate National Small Business Week 2024 with Helpful IRS Resources

National Small Business Week 2024 kicks off from April...

New IRS Regulations Enable Tax Credit Transfers under IRA

The U.S. Department of Treasury and Internal Revenue Service...

Low Income Taxpayer Clinics (LITCs): Free Tax Help & Grant Applications

Great news for organizations that help low-income taxpayers! The...

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