WELCOME TO EDUCATION-BLOG-2022

If your income is less than the basic exemption limit which is normally Rs.2,50,000, then you need not file the return. Think of us...

If your salary is more than Rs.2,50,000 in year, you need to file the ITR. Think of us for Company Registration in Kerala and Business...

Normally it is 30th September of every year. Think of us for Company Registration in Kerala and Business Registration in...

A CA is not required for GST registration. You can even do it yourself or through consultants. Think of us for Company Registration in...

A CA is not required for GST registration. You can even do it yourself or through consultants. Think of us for Company Registration in...

ITR cannot be filed for AY 2020-21. The ITR for AY 2021-22 can be filed only if the AO accept our condonation request. For AY 2022-23,...

Yes, you can claim the health insurance paid for your parents. You need to claim the deductions under Section 80 D. However, there is an...

Yes you can. However, it is to be ensured that the same name is not trademarked earlier. Think of us for Company Registration in...

You will have to pay tax on the entire 7 lakhs now. The taxablity of the investment of 5 lakhs will become applicable only when you sell...

The Income Tax Act allows you to claim a maximum deduction of Rs 50,000 (as of FY 2021-22) on medical expenses incurred on the healthcare...

It depends upon your level of income. If you’re in the highest slab of 30% tax, you can save upto Rs.45,000 on a saving of Rs.1,50,000....

ITR-3 will be the most suitable one. Think of us for Company Registration in Kerala and Business Registration in...

Earlier it could lead to deposit of your refund in other accounts. However, nowadays refunds are issued to the bank accounts which are...

ITR-3 is the form you need to file if you have income from all the 5 heads of income. Think of us for Company Registration in...

No. Inherited money is not taxable in India. However, the income generated by investing the inherited money shall be charged to income...

No. Inherited money is not taxable in India. However, the income generated by investing the inherited money shall be charged to income...

The ITR or form 26 AS is a personal or private document and the employer doesn’t have the option to know about it unless you share your...

The term ‘sum paid’ is wide enough to include the annuity, charges levied by the insurer and the taxes that have been levied on the...

An LLP cannot become partner in a partnership firm since being a partnership, an LLP has no separate identity apart from its partners....

A section 8 company is the corporate form of a trust or charitable society. The major advantage of section 8 company is that it can avail...