TAXAJ Knowledge Base

Income Tax Return Form 3 Filing

As the tax season approaches, it's time to start thinking about filing your income tax return. If you're an individual taxpayer in India, you may need to file Income Tax Return Form 3 (ITR-3)

08 Apr 2023 14:34:20 - Comment(s)

Income Tax Form 2 Filing Checklist

By TAXAJ

The ITR Form 2 is applicable to individuals and HUFs who do not have income from profits and gains of business or profession. The following are the eligibility criteria for filing ITR Form 2

07 Apr 2023 16:42:59 - Comment(s)

Income Tax Return Filing - Salaried Person

By TAXAJ

The ITR-1 form is also known as the Sahaj form and is meant for individuals who earn income from salary, one house property, other sources like interest on savings bank account, etc., and have a total income of up to Rs. 50 lakhs.

07 Apr 2023 16:19:25 - Comment(s)

EPF Certificate of Coverage for working abroad

By TAXAJ

If you are going to a foreign country for a from your company for a short duration(onsite) then you should you do with EPF account? Do you withdraw from EPF account? Secondly, when you work in a foreign country you might be required to contribute to their social security scheme.

22 Mar 2023 12:25:28 - Comment(s)

The Required DSCs Have Not Been Affixed - MCA Error

By TAXAJ

Remove your existing Java Version and Install Java 8 -32 bits 8 u 92 – download here – Add www.mca.gov.in to Internet Trusted Sites & Java Exception Site. This can be simply done using utility from ProxKey USB Token. Refer article ‘Cofigure Java & Internet Settings‘

18 Mar 2023 13:06:56 - Comment(s)

File Income Tax Return Online India

By TAXAJ

Filing your income tax returns online has never been easier. Now, you can file your returns online without visiting an office or paying any fees.

30 Sep 2022 9:43:43 - Comment(s)

How does a YouTuber Pays Tax in India?

By TAXAJ

The recent years have witnessed the emergence of a new profession—video blogging more popularly called as vlogging.

29 Sep 2022 20:19:22 - Comment(s)

How to make Rights Issue of Shares

By TAXAJ

Convene the First Board Meeting: The Board meeting is held, and the resolution for issuing rights shares is passed. The rights issue does not require the approval of shareholders, and hence the board can proceed towards the issue.

29 Sep 2022 20:10:08 - Comment(s)

How to get Seed Funding For Start Up

By TAXAJ

A startup raises funds in many phases like pre-seed funding and seed capital is raised during the early stage while during the growth stage series A, B, C rounds of funding are done by the investors. Pre-seed funding and seed capital help a startup to have a strong foundation.

29 Sep 2022 19:32:23 - Comment(s)

Tax Implications On Foreign Inward Remittance

By TAXAJ

Tax Implications On Money Transferred From Abroad To India

20 Sep 2022 12:59:41 - Comment(s)

The Nidhi Company (Amendment) Rules 2022

By TAXAJ

The followings are the said amendments made under the Nidhi Company (Amendment) Rules 2022:

18 Sep 2022 22:52:58 - Comment(s)

EmSigner Installation for MCA

By TAXAJ

Ministry of Corporate Affairs (MCA) has mandated the stakeholders to install emSigner for registering Digital Signature of users on MCA.

25 Apr 2022 16:33:50 - Comment(s)

Licenses for Agriculture Related Activities

By TAXAJ

Agricultural products means crops, livestock and livestock products, including but not limited to field crops, fruits, vegetables, horticultural specialties, cattle, sheep, hogs, goats, horses,

19 Apr 2022 10:51:20 - Comment(s)

How to register DSC on new income tax portal

By TAXAJ

The e-filing users require a Digital Signature Certificate (DSC) to sign the income tax returns, forms and other places where authentication of the user on the electronic document is required.

27 Dec 2021 14:06:20 - Comment(s)

How to Upload ITR in New Income Tax Portal

By TAXAJ

how to upload itr on income tax portal

27 Dec 2021 14:02:51 - Comment(s)

Steps to File Form 10IE

By TAXAJ

Click on the following link to access Income Tax Login Account: https://eportal.incometax.gov.in/iec/foservices/#/login and enter your User Id (PAN) and click on ‘Continue’

10 Dec 2021 13:25:03 - Comment(s)

NSO vs ISO : Which is Better?

By TAXAJ

From the perspective of the company, an NSO is far more beneficial as it allows the company to deduct taxes right from the moment when the employee exercises the stock option. This is not possible in the case of an ISO, thereby making NSO the more practical choice for the company.

03 Dec 2021 23:44:32 - Comment(s)

National Industrial Classification Code

By TAXAJ

The National Industrial Classification Code (“NIC Code”) is a statistical standard for developing and maintaining a comparable data base for various economic activities.

02 Dec 2021 13:36:00 - Comment(s)