Updated Return & Revised Return are major parts when it comes to filing of Income Tax Return. And, the concept of updated return was introduced recently through the Union Budget, …
Know the important differences between updated return & revised return Read More »
There was exemption on the taxability of dividend income for shareholders till the Assessment Year 2020-21. Accordingly, the companies were liable to pay taxes on such dividend income. Taxability of …
Taxability of Dividend Income: Everything You Need to Know Read More »
Financial Year is different from the Assessment Year. Financial Year is the year in which income earned and Assessment Year is the year in which income is assessed and taxed.