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1. Additional disclosure requirements for Ind AS Compliant Companies. [Applicable for ITR 6] 2. Fees for late filing of return [Section 234F]. [Applicable for ITR 1 to 7] 3. Require more details of salary and house property income. [Applicable for…[ read more ]
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1. Avoid buying property on loans as it eats most of your earnings unless you have a clear plan for its repayment. It's important to monitor cash flow. Though, the house will be your asset, your liability will be much…[ read more ]
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GST Council approved principles for filing of new return design based on the recommendations of the Group of Ministers on IT simplification. The key elements of the new return design are as follows – 1. Monthly Return: All taxpayers excluding…[ read more ]
