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myitronline · 7 months
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Statutory & Compliance Calendar For November 2023
Therefore to keep you updated on the various statutory and compliance deadlines we have put together a consolidated compliance calendar for November 2023 that shows all the important due dates. For more information visit  the website. https://www.myitronlinenews.com/in/statutory-compliance-calendar-for-november-2023
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myitronline · 9 months
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Indian Parliament Approves The Legislative Amendments 28% GST Tax Effective From 1st October
As of August 2023: The new tax GST of 28% law got approval from the Indian parliament. The goods and services tax of 28% will be required to be applied to the whole amount of the player deposits on online casinos, and real money gaming. However, this new rule will be effective from 1st October 2023. To know more visit the website. https://www.myitronlinenews.com/in/indian-parliament-approves-legislative-amendments-28-percent-gst-effective-1st-october
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myitronline · 10 months
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Upload Your Selfie With Tiranga On Myitronline & Get Free ITR Filing For A.Y. 2024-25.
Get a free ITR Filing: Click a selfie with the Tiranga and stand a chance to be featured on Myitronline. Join the celebration and showcase your love for the tricolor! For more information visit the website. https://www.myitronline.com/harghartiranga/
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myitronline · 10 months
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Tax Compliance Calendar – August 2023
Following tax-related compliances is mandatory for taxpayers in India. This includes meeting the due dates for GST return filing as per the government's compliance calendar. Non-compliance may result in heavy penalties imposed by the government. To know more visit the website. https://www.myitronlinenews.com/in/tax-compliance-calendar-for-august-2023-important-dates-and-deadlines
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myitronline · 1 year
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Are you free ITR filing in India.
Are you for free ITR filing in India? If yes, there are platforms in India that offer free ITR filing services. These platforms allow individuals to file their income tax returns online without any cost. One of them is Myitronline. This is India’s leading ITR filing platform and you can file your ITR for free even. To know more visit the website.
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myitronline · 1 year
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How to Fill Form 10A?
The Income Tax Department has introduced a new portal for the electronic filing of ITR forms and submitting related documents. This portal allows you to fill out form 10A online, eliminating the need for manual filing of Section 12A at the Income Tax Department. For more information visit the website.
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myitronline · 1 year
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Educational Institution is Eligible for Exemption u/s 10(23C) (iiiab) of Income Tax Act: Income Tax Appellate Tribunal (ITAT).
The Income Tax Appellate Tribunal (ITAT) has upheld and clarified the eligibility of educational institutions for exemption under section 10(23C) (iiiab) of the Income Tax Act. This provision applies to educational institutions that fulfill certain conditions laid out by the Income Tax Department. For more information visit the website.
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myitronline · 1 year
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How to Check Outstanding Tax Demand Status.
Checking outstanding Tax demand status is a crucial part of the ITR filing as it involves reporting income and fulfilling tax obligations to the government. This procedure necessitates submitting essential financial details and relevant documents to the Income Tax Department. For more information visit the website.
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myitronline · 1 year
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What is Double Taxation?
Double taxation is when the income tax is levied twice on your income & it occurs in 2 ways. The first one is juridically and the second is economically. Thus, your income outside India is taxed twice with foreign and domestic taxes. To know more visit the website.
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myitronline · 1 year
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What is Double Taxation & How To Get Double Taxation Relief
Double taxation is when the income tax is levied twice on your income & it occurs in 2 ways. The first one is juridically and the second is economically. Thus, your income outside India is taxed twice with foreign and domestic taxes. To know more visit the website.
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myitronline · 1 year
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All About The GST Amnesty Scheme 2023 For Non-Filers
Additionally, the council suggested extending relief to those taxpayers who didn't file revocation against cancellation of registration within the given time limit. On March 31, 2023, the GST department released multiple notifications to launch this program, which commenced on April 1, 2023. The specifics of the new GST Amnesty Scheme 2023 are outlined below. For more information visit the website.
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myitronline · 1 year
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Benefit in Old And New Tax Regime Rates For F.Y. 2023-2024 AY 2024-2025.
Finance Minister Nirmala Sitharaman tweaked the New Income Tax regime slabs recently and many taxpayers seem confused about the benefits of the old and new tax regime ay 2024-2025. Below is a detailed analysis of both regimes’ benefits. For more information visit the website.
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myitronline · 1 year
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Benefit in Old And New Tax Regime Rates For F.Y. 2023-2024 AY 2024-2025.
Finance Minister Nirmala Sitharaman tweaked the New Income Tax regime slabs recently and many taxpayers seem confused about the benefits of the old and new tax regime ay 2024-2025. Below is a detailed analysis of both regimes’ benefits. For more information visit the website.
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myitronline · 1 year
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What is section 115BAC?
Section 115BAC is a provision added to the income tax act in FY 2020-21 which allows taxpayers to pay income tax at a lower rate. Individuals and Hindu Undivided Families (HUFs) who opt for section 115BAC while filing their tax returns will have to forego around 70 tax exemptions and deductions to pay their tax returns at lower tax rates. For more information visit the website.
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myitronline · 1 year
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Statutory & Compliance Calendar For April 2023 
The new financial year has started and the statutory and compliance calendar for April 2023-24 is here. April is a significant month for all taxpayers and businesses to complete all the vital compliance filing before the due dates. For more information visit the website.
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myitronline · 1 year
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The date of linking the PAN-Aadhar Deadline Extended.
PAN-Aadhar Deadline Extended: The Income Tax Department giving the much-needed downtime to the Pan Card holders in India has extended the deadline to link PAN-Aadhaar to 30 June 2023. For more information visit the website.
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myitronline · 1 year
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What is Nidhi Company?
Nidhi company is a company which is formed with the objectives to bear the habit of thrift and savings amongst the members and receiving deposits from and lending to the members for their mutual advantages. A Nidhi company is another NBFC (Non-banking financial company) governed by the (MCA) Ministry of Corporate Affairs. For more information visit the website.
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