Category: Taxation

What is TAN and how to Apply for TAN no.

What is TAN? A Tax Deduction & Collection Account Number (TAN) is a unique 10 digit number with an alphanumeric combination, allotted by the Income Tax Department. As per the …

What is Professional Tax

There are different types of tax that are levied on an earning person by the Government of India, namely the Income Tax, Education CESS and Professional Tax. Many might be …

Dummies guide to service tax

After a wonderful evening with your friends at the cool new joint, you wonder how your bill has added up to a different amount. On reading the fine print, you …

How to File a Revised Return

Filing a revised income tax return, how and why As a law abiding citizen, it is your duty to pay taxes to the government. But your responsibility doesn’t stop here. …

Quick Steps to File Income Tax Return

Preparing your tax returns can feel a cumbersome job but it can be empowering and rewarding. Filing your taxes isn’t hard, it just takes patience to make sure you’ve done …

Service Tax Amnesty Scheme (VCES – 2013)

Voluntary Compliance Encouragement Scheme (VCES) Service tax amnesty scheme (VCES 2013) was introduced in Finance Act, 2013 and is effective from 10th may 2013. Tax payers can pay tax dues …