by amol238 | May 20, 2026 | Blog
Summary For AY 2026-27, the Income Tax Department says returns for income earned in FY 2025-26 are filed under the old Act on the e-filing portal. The portal FAQ states the due date is 31 July 2026, and also mentions 31 August for some non-audit cases. If your case...
by amol238 | May 15, 2026 | Blog
TLDR Late filing can trigger a fee under section 234F. For AY 2026-27, a belated return can be filed up to 31 December 2026, subject to the law and completion of assessment. A salaried person with freelance income usually files ITR-3. ITR-4 works only for eligible...
by amol238 | May 10, 2026 | Blog
Key Highlights Choosing the wrong ITR form can delay refunds and trigger notices. Salaried employees, freelancers, businesses, and companies use different ITR forms. Freelance income may shift you from ITR-1 to ITR-3 or ITR-4. The new tax regime changes how deductions...
by amol238 | Apr 29, 2026 | Blog
Summary TDS applies to partnership firms like any other taxpayer. Applicable on payments like contract, rent, and professional fees. No TDS on profit share paid to partners. Interest and salary to partners have separate rules. Correct section selection is critical...
by amol238 | Apr 26, 2026 | Blog
Summary Learn all compliance tasks before a business audit. Avoid penalties and audit objections easily. Understand documents, filings, and tax checks required. Know how 80c deduction in new tax regime impacts audits. Discover when to hire top chartered accountant...
