Ration cards are used by many households to get the food grains and fuel at a subsidized rate. It also serves as a proof of identity and address like other documents such as passport and PAN cards. However, there have been instances where an individual obtains more than once ration card depriving other deserving people. […]
Once you’ve filed your income tax return (ITR) and have verified it, the Income Tax (I-T) Department starts processing your tax return. Refund, if any is due, is issued only after processing is complete. Normally after verification, the ‘status’ of your tax return would be ‘Successfully Verified’ or ‘Successfully e-Verified’. After processing is complete, the […]
By Sachin Vasudeva From September 1, 2019, an individual or HUF paying any sum to a contractor or a professional or commission or brokerage more than Rs 50 lakh in a financial year would be required to deduct tax at source (TDS) at the time of credit of such sum or at the time of […]