Everything you need to know about ITR File and Types of Income Tax Return ITR stands for Income Tax Return. The Income-tax Act of 1961 issues all the ITR forms and explains the steps to follow. This article gives a detailed explanation of what ITR is and the different types of ITR forms. An Income…
ITR Filing Last Date FY 2023-24 and Consequences of Missing the Income Tax Return Filing Deadline When is the last date to file ITR? The deadline for filing Income Tax Returns (ITR) for the Financial Year 2023-24 (Assessment Year 2024-25) is July 31, 2024. However, if the return is not filed by this due date,…
What is a Statement of Financial Transaction (SFT)? The accumulation of illicit funds poses a significant threat to the Indian economy. Consequently, the Indian government has implemented several measures to counteract such activities. In 2003, the ‘Annual Information Return (AIR)’ was introduced under Section 285BA of the Income Tax Act. It was subsequently repealed by…
Certainly! Here are 8 important factors to consider when choosing the best fixed asset management software for your company: Functionality and Features: Ensure the software meets your specific needs and requirements. Look for features such as asset tracking, depreciation management, maintenance scheduling, and reporting capabilities. Customization and Flexibility: The software should be customizable to adapt…
AOUT Advisors offers highly specialized Corporate Advisory Services to businesses and companies seeking expert financial guidance and strategic support. Our team of seasoned professionals possesses extensive knowledge and experience in navigating the intricate financial landscape. We provide comprehensive solutions tailored to your specific needs, enabling you to optimize your financial performance, make informed decisions, and…
Asset tracking is a process that has been around for decades, but with the advent of new technologies, it has become easier and more accessible than ever before. Asset tracking involves monitoring and managing physical assets throughout their lifecycle, from acquisition to disposal. This process provides valuable insights into the health and performance of assets,…
