Learn how to handle a defective ITR notice under Section 139(9), fix errors, submit a response and complete income tax e filing correctly.
Receiving a notice for a defective return can make any taxpayer nervous, especially when it arrives after you thought your income tax e filing was successfully completed. The good news is that a notice under Section 139(9) does not automatically mean that you have committed a serious tax violation. In...
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Understand how faceless assessment changes your income tax return experience, improves transparency, and makes tax assessment more digital and convenient.
What Is the Faceless Assessment Scheme?For many taxpayers, filing an income tax return is no longer just about calculating income and paying the right amount of tax. There is also the possibility that the Income Tax Department may select the return for detailed verification or scrutiny. This is where the...
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Understand gst r 3 b, Rule 86B restrictions, ITC limits, and cash payment rules with expert guidance from GST Wale for better compliance.
If you regularly file gst r 3 b, you may have heard about the Electronic Credit Ledger and Rule 86B but still find the rules confusing. Many businesses assume that as long as they have sufficient Input Tax Credit (ITC), they can discharge their entire GST liability through credit. However,...
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Learn efilingincometax step by step, from tax return login and ITR selection to deductions, filing, and e-verification with expert tips.
Filing your income tax return for the first time can feel confusing, especially when you see terms like ITR-1, AIS, Form 26AS, tax deductions and e-verification. The good news is that efilingincometax is much simpler once you understand the process. At GST Wale, we believe taxpayers should know what they...
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Learn how Section 80EEB can help eligible taxpayers claim EV loan interest benefits during income tax return filing and reduce taxable income.
Buying an electric vehicle is no longer only about reducing fuel expenses or choosing a cleaner mode of transport. For eligible taxpayers, it can also bring an income-tax benefit on the interest paid on an EV loan. During income tax return filing, Section 80EEB can allow an individual to claim...
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Learn incometax efiling with this beginner-friendly guide. Understand portal features, ITR filing steps, verification, and expert tips.
Navigating the incometax efiling portal for the first time can feel overwhelming, especially if you're unfamiliar with tax terminology or online compliance procedures. However, once you understand the portal's layout and key features, filing your Income Tax Return (ITR) becomes much simpler and more efficient.At GST Wale, we regularly assist...
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