All About 15CA and 15CB

All About 15CA and 15CB Every person liable for making payments to non-residents shall deduct TDS from the payments made to non-residents if such sum is chargeable to Income tax. Form15CA is a Declaration given by Remitter and is used as a tool by statutory authorities to collect information in respect of payments that are […]

Old Tax Regime vs New Tax Regime

As tax season is about to begin, let’s delve into a simplified discussion on the Old Tax Regime vs New Tax Regime.

Disclosure of Foreign Assets & Income in ITR

Disclosure of Foreign Assets & Income in ITR The disclosure of foreign assets and income in ITR is a key requirement under the Income Tax Act, 1961. Schedule FA necessitates detailing all foreign assets, such as shares and mutual funds, in your ITR-2 or ITR-3. Irrespective of the slab rate applicable, you must file an […]