Section 194-IB TDS on Rent: How to File Form 26QC
Form 141 under the Income Tax Act, 2025 (earlier Form 26QC under the Income Tax Act, 1961) is a challan-cum-return form used to report and pay TDS on rent under…
Online Trademark Registration Process & Procedure for Brands in India
In simple terms, a trademark is a unique sign, logo, name, symbol, design, or even a tagline that helps identify your business, products, or services. It helps customers recognize your…
ITR-U Explained: What the Updated Return Form Is and How to File It in India
ITR-U (Updated Income Tax Return) is a form that lets you correct mistakes or add missing details in your previously filed income tax return. You can file it within 4…
CRF Form for Updating Master Data on MCA Portal
The CRF form to change master data on the MCA portal is a special request form used when any information shown on the MCA website is incorrect, incomplete, or does…
Angel Tax Exemption in India: Eligibility, Declaration & Application Process
What is Angel Tax? Angel Tax was introduced under Section 56(2)(viib) of the Income Tax Act, 1961. It applies to unlisted companies (startups whose shares are not publicly traded) when…
Angel Tax in India: Exemption, Applicable Rate & Example
If you are an entrepreneur, you’ve likely heard of “Angel Tax.” Under Section 56(2)(viib) of the Income Tax Act, an unlisted company or startup in India was required to pay…
GST Refund: Process, Eligibility, Time Limit & How to Check Status
A GST refund is an important feature under the Goods and Services Tax system that allows taxpayers to claim back extra tax they have paid or unused Input Tax Credit…
What Is a Family Trust in India? Meaning, Benefits & How to Set It Up
A family trust is a legal arrangement in which a person, known as the settlor, transfers assets such as property, investments, or money to a trustee who manages them for…
ITR-U – What Is ITR-U Form and How to File ITR-U?
ITR-U – What Is ITR-U Form and How to File ITR-U? ITR-U, or Updated Income Tax Return, is a form that allows taxpayers to correct errors or omissions in their…
GST Refund on Flat and Insurance Cancellations for Unregistered Buyers
GST Refund on Flat and Insurance Cancellations for Unregistered Buyers The Goods and Services Tax (India) applies to many transactions, including the purchase of flats and insurance policies. However, complications…