The new ITR Forms released by the Income Tax department would see various changes in the return to be filed for FY 13-14 (AY 14-15). At the very outset the department requires transparency of transactions made by the taxpayers at each level of tax avoidance. Read more [...]

Liability for payment of Advance Tax Under Section 208, obligation to pay advance tax arises in every case where the advance tax payable is Rs.10000 or more. Installments of Advance Tax and due dates A. For Companies Due date of Installment Amount Read more [...]