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UTLISATION OF INPUT TAX CREDIT

RULE 1: Credit can be utilized to pay off the liabilities in the following manner:(a) IGST input tax credit shall first be utilized towards payment of IGST liability and the amount remaining, if an

Jan 15, 2024 08:06 PM Read full...

IMPORTANT DUE DATES OF INCOME TAX RETURN (ITR)

Income Tax Return due dates for FY 2022-23 (AY 2023-24)The table below outlines the deadlines for filing ITR in 2023Taxpayer CategoryITR filing Due Date for FY 2022-23Due date to file audit report for

Dec 20, 2023 11:56 AM Read full...

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Income Tax

Income tax is a tax charged on the annual income earned by an individual. The amount of tax paid will depend on how much money you earn as income over a financial year. One can proceed with Income tax payment, TDS/TCS payment, and Non-TDS/TCS payments online. All taxpayers must fill in the relevant details to make these payments. The entire process becomes simple and quick.

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Goods and Services Tax(GST)

A GST Returns is a document that contains information about the income that a taxpayer must file with the authorities. This information used to compute the taxpayer's tax liability. Under the Goods and Services Tax, registered dealers must file their GST returns with details regarding their purchases, sales, input tax credit, and output GST.

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