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IT Department Now Uses ICAI's UIDN To Authenticate Audit Reports
The Income Tax department said on that its e-filing portal has been linked with ICAI's (Institute of Chartered Accountants) portal to validate the unique identification numbers (UIDN) chartered accountants generate for documents attested by them. Tax audit reports filed ...
It Department Now Uses Icai S Uidn To Authenticate Audit Reports

3 Factors To Decide If You Should Invest In International Mutual Funds
As part of diversification, it is often advised to invest in stocks of different sectors and companies of different market cap. For geographical diversification in equity investment, investors in India are increasingly opting for international mutual funds, given that leading asset ...
IT Refunds Delayed Due To Technical Upgrade
After several complaints of delay in processing Income Tax refunds despite filing returns ahead of time, the Tax Department said that it happening due to as the system is in the middle of a technical upgrade. One taxpayer, took ...
It Refunds Delayed Due To Technical Upgrade
FM Provides Tax Relief For Developers And Home Buyers
Finance Minister today announced an income tax relief for home buyers. Presently Sec43CA of the Income Tax Act, restricts differential between circle rate and agreement value to 10 per cent. The differential value has now been increased to 20 per cent ...
How to Avoid Tax Deducted at Source (TDS)?
Individuals, firms, corporates, business houses be it small or big ones will have to pay some part of their earnings as tax to the government of India. Tax collected from the people will be used for developmental/welfare activities by the government. ...
How To Avoid Tax Deducted At Source Tds
Are Gifts Received During Diwali Taxable?
Like any other major festival in India, gifts are exchanged during Diwali as a gesture of affection and celebration. These gifts could be in the form of cash, gold, or other valuable items. Whether you are looking to give gifts and ...
6 Income Tax Benefits Available Only To Senior Citizens In India
Senior citizens in India are provided with special income tax benefits that include tax exemptions on certain incomes to higher deductions for select expenses in consideration of their limited income-earning ability and higher medical expenditure. With knowledge of such benefits, senior ...
Income Tax Benefits Available Only To Senior Citizens In India
What Are Tax Free Bonds? Should You Invest In Them?
A few years ago, there were bonds that were issued by government companies like Rural Electrification Corporation, Indian Railways Finance Corporation, Housing an Urban Development Company etc. The interest paid on these bonds were tax free in the hands of investors. ...
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