Why to File Income Tax Return (ITR)

According to the income tax laws, filing ITR is mandatory for some andvoluntary for others, however, filing it is essential regardless of the category one falls under.  Laxman: WHAT IS ITR?  Ram: Income Tax Return (ITR) is a form which a person is supposed to submit to the Income Tax Department of India.  It contains […]

Annual Information Statement (AIS)

 Laxman: What does Annual Information Statement (AIS) mean Ram bhaiya?  Ram: Annual Information Statement (AIS) is an extensive view of information for a taxpayer displayed in Form 26AS. It also accepts feedback from the taxpayers on the information displayed in AIS.    AIS shows both reported value (value reported by the reporting entities) and modified value (i.e. the […]

Journey of a Medico-legal visionary

Education is the most powerful weapon which you can use to change the world – Nelson Mandela. When it comes to education and serving the best, there are no boundaries left for you. All the limits between your thoughts and actions are only from the mind. When these limiting beliefs come […]

GST Update 05th June 2021

Laxman:Is there any relaxation in the due dates of GST due to COVID-19? Ram: Yes, the due dates of GST have been extended due to COVID-19. GSTR-3B (May, 2021) Jun 20th, 2021 GSTR-3B (Apr-Jun, 2021) Jul 22, 24 2021 GSTR-1 (May, 2021) Jun 26th, 2021 IFF (Optional) (May,2021) Jun 28th, 2021 […]