If you're a private, you recognize you have got to file either kind ITR one or ITR two. If apprehend have a business. You recognize it's either ITR three, four or 4S that you just have to be compelled to make a choice from. However what if you're within the transition? You have got simply quit your job and commenced functioning on model for your start-up. Functioning on a model for your start-up. That tax come kind is that the right one for you? Should you simply collect your kind sixteen from your ex-employer and declare your earnings financial gain move into ITR1 or does … Continue reading Which ITR Form To Pick When You Switch From Being Employee To Entrepreneur.
Person not liable to pay advance tax: A taxpayer opting for the presumptive taxation scheme of section 44AD will not be liable to Pay advance tax in respect of business for which the presumptive taxation scheme of section 44AD is adopted. Chartered accountant in Delhi As per section 207, a resident senior citizen (i.e. an … Continue reading Income Tax Payers Know About Your Advance Tax, Pay Before June 15th To Avoid Penalty.