Every successful organisation needs to have a regular practice of keeping records. When maintaining records, it is necessary to maintain up-to-date ledgers and other pertinent documents. The delivery ...

The Income Tax (I-T) Department has introduced Form No. 141, a new consolidated challan-cum-statement that replaces four existing TDS forms—Form 26QB, Form 26QC, Form 26QD and Form 26QE. Form 26QB – ...

You have filled up your ITR form and then find out that you have to pay a certain amount of income tax that is due. The taxpayer can do it both online and offline. The online way to deposit income tax ...

Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with ...

The purchasers of the immovable property, including commercial and residential property within urban areas, are required to deposit the capital value tax (CVT) under the new challan form. In this ...

Stricter penalties and improvement in detection technology for traffic violations have led to an increase in the number of challans issued in India. In 2022 some 4.73 crore challans were issued across ...

The Finance Ministry has modified the challan form for depositing equalisation levy by non-resident e-commerce companies. The first due date for depositing the equalisation levy is July 7. The ...

The Federal Board of Revenue (FBR) is facing problems in countrywide implementation of new Capital Value Tax (CVT) challan form on buying and selling of property. Sources told Business Recorder on ...