What is Form 15 G? Why 15G form is required for FD?

ITR filing: What are Forms 15G and 15H? Why should you fill it?

Around 5.52 Crore citizens and 8.41 Lakh companies filed for income tax returns in the financial year 2017-18. Form 15G and 15H have to be submitted to avail tax exemption benefits on total investment.  Any tax deduction on interest income can be restricted up to a stipulated limit through such forms. Form 15G has to […]

Continue Reading
Reasons for Receiving A Tax Notice

Top 10 Reasons for Receiving A Tax Notice From Income Tax Dept.

There are multiple reasons for why you as a registered taxpayer, might receive a tax notice from the income tax department like missing the due date of ITR filing, calculation errors, claiming excessive losses, etc. The income tax department issues the tax notices to registered taxpayers under the Section 139(9), 143(1), 143(2), 143(3), 245, 144, […]

Continue Reading
How to File GSTR-3B on GST Portal

How to File GSTR-3B on GST Portal?

GSTR-3B is a return that has to file by every registered taxpayer. Every taxpayer needs to file this GSTR-3B until June 2019. GST Portal provides the facility of filing GSTR-3B. However, you may face some problems while filing GSTR-3B on GST Portal: Values cannot be copy-pasted. This may increase the chances of errors due to […]

Continue Reading