Category: Incometax Filings

  • Taxation on Digital Assets

    Taxation on Digital Assets

    The Indian government has Fastened regulations on Virtual Digital Assets like cryptocurrency,Bitcoin or Ethereum etc…. A tax of 30% is levied on any income from the transfer of virtual assets. The new tax provisions came into effect from April 01, 2022. As a result, the blockchain industry has received conflicting reviews and tremendous responses.. Virtual…

  • How to Download Income Tax Return?

    How to Download Income Tax Return?

    Recently, the income tax department notified the income tax return (ITR) forms for FY 2021-22 or AY 2022-23. While there have been no major changes announced, there are still some revisions in the forms that a taxpayer must be aware of while filing ITR. This year, taxpayers will have to fill in the following additional…