India’s tax landscape is undergoing its most sweeping transformation in decades. With the Union Budget 2026-27 and the implementation of the Income Tax Act, 2025 from April 1, 2026, taxpayers across the country need to prepare for a series of important procedural, compliance, and structural changes. While income tax slab rates remain unchanged for FY 2026-27, the way you file, […]
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Introduction Types of assessment under income tax act – Income tax filing service, the course of assessment of ITR by the Income Tax Department is classified “Assessment”. The assessment likewise incorporates re-assessment and best judgment assessment under section 147 and 144 separately and the diverse sort of income tax assessment. Types of Income Tax Assessment: Self-Assessment – u/s 140A Summary […]
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Section 44ADA – Presumptive Obligation Scheme for Specialists A scheme for presumptive tax assessment was introduced under section 44ADA from the FY 2016-17. Section 44ADA gives a direct procedure for tax collection for little specialists. Section 44ADA offers a scheme of presumptive tax collection from advantages and gains rising up out of reasons for living referred to under Section 44AA […]
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An individual needs to enter the Import Export (IE) code to export or import goods. It is an inevitable code which is issued by the Directorate General of Foreign Trade (DGFT). IE code registration in t nagar chennai is required for all businesses engaged in the import and export of goods. The Import Export Code has a lifetime validity and […]
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IE Code License in Velacherry-Chennai is compulsory for the individuals who are associated with import and fare business. To get IE Code you have to fill import and fare code application frame and append required archives with it. After all the process, the application is documented in the DGFT division, will give IEC code registration in Chennai in 1 – […]
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