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In the Income Tax Return (ITR), documents vary based on the source of income of the taxpayer. However, certain documents are mandatory for every taxpayer, regardless of how much they earn. The following ITR documents are required in FY 2021-22 (AY 2022-23). Card PAN When filing your income tax return, this is your first and … Read More “For ITR filing, what documents are required?” »
During an audit, the accounting records of the company are examined in order to determine whether they are correct and if their functions are legal. Choosing a tax audit over a statutory audit is often confusing for people. Tax audits are conducted under the Income Tax Act, while statutory audits are performed under the Company … Read More “How Do Tax Audits and Statutory Audits of a Company Differ?” »
Is it necessary to file income tax returns? A large number of Indians are unaware of the importance of filing an ITR. In this article, we discuss the importance of filing an ITR – you will know why ITR filing is so important after reading the article. This article isn’t just about declaring, paying, and … Read More “Why File Income Tax Returns? Benefits of Filing Income Tax Returns” »
