It is feasible to hold ahead losses incurred while in the stock current market by filing nil ITR if the money is underneath the threshold. The users must physical exercise thanks caution and/or request independent suggestions in advance of they make any selection or just take any motion on the basis of such details or other contents. Filing a NIL
you will need to Observe that having to pay earnings tax and filing ITR are two different things. as a result of section 87A tax rebate, You're not needed to pay back earnings tax, but you continue to need to file ITR. Section 87A of the revenue Tax Act, 1961 is probably the income tax provisions that assistance taxpayers conserve on the payable i
Notably, the Original phase of implementation of GST was loaded up with lots and many hurdles. nevertheless, with the many ups and downs, the products and expert services Tax (GST) law is slowly and gradually and steadily growing even larger and more mature. Under a proviso to segment 78, while in the ‘curiosity of revenue’, a proper officer m