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The GST Adjustments for FY 2021-22 The GSTR-1 return and the GSTR-3B return for October 2022 due in November is crucial. The GST department has provided you with the opportunity to make amends to any mistakes you may have to take into consideration when filing your tax returns in FY 2021-22. (for the time period from April 1 […]

Employee PF and Its Importance Employee provident funds, or EPF, are a good way to save for retirement and have a substantial sum saved for retirement. In addition, they are tax-free, as the employer contributes up to a certain limit of 12% of your Basic Salary. These funds are designed to encourage a gradual savings

GST, its Annual Return FY 2021-22 According to the Rule 80 of the CGST Rules, 2017, everyone who is registered with the CGST Rules, 2017 is required to file a GST Annual Returns for every financial year on or before 31st December in the next year’s financial year. Therefore, the deadline for the filing of GST Annual

CA is a partner to Business Team IN Filings, The Chartered Accountancy (CA) office is one of the most respected and sought-after professions in the business world. Our Chartered Accountants (CAs) are highly skilled professionals who provide a wide range of services to businesses, including financial management, tax compliance, business consulting, and auditing. They are

Salary tax FY 2023-24 Budget update Under old-Scheme of the income tax on the salaried person – no change, your income tax is calculated based on your taxable income, which is your total income minus all eligible exemptions and deductions. The taxable income taxed at the applicable tax slab rate given below: 0% on income

How to Respond to Service Tax Notice on Income Variation? The implementation of Goods and Services Tax (GST) in India has been a significant change in the country’s taxation system. The GST regime replaced various indirect taxes, including service tax. Many businesses migrated from service tax to GST, and as a result, there is confusion

File FY 2022-23 Tax Return On Time And Avoid Late Fees The Income Tax office has recently announced the last date for taxpayers to file their Income Tax Return (ITR) for the financial year 2022-23. As leading tax consultants in Bengaluru, Team IN Filings provides comprehensive services including tax filings, IT refund assistance, tax planning, and

15 Years of Philanthropy by Team India Foundation in Bangalore Team India Foundation is a non-governmental organization (NGO) based in Bangalore, India, that has been providing free education, health, and medical facilities to those in need for the past 10 years. The organization is registered with the Government of India under income tax provisions 80G

Maximizing Tax Benefits: Importance of Updating ITRs Understanding the CBDT’s E-Verification Scheme As a professional in the field of taxation, it is important to be aware of the recent press statement issued (Dt.14 Mar 2023) by the Central Board of Direct Taxation (CBDT) regarding the e-verification scheme. The IT department has identified 68,000 cases of

Why is TIR important for property buyers? At Team IN Filings, we understand that the process of buying a property can be overwhelming, and that’s why we offer Title Investigation Report (TIR) and property verification services to ensure that our clients make informed decisions about their property purchases. Here’s a brief overview of the verification