Portal Login For Taxpayers Purpose [00:03]: This video explains the various ways taxpayers can log in to the e-filing portal to access all available services. General Login Steps [00:44]: Go to the e-filing homepage and click “Login.” Enter your User ID (PAN or Aadhaar) and click “Continue.” Enter your password and click “Continue.” Login Methods:… Read More »
How to Reset Password? Purpose [00:03]: This video demonstrates how to reset your e-filing portal password if you forget it or don’t know it for any reason. Three Methods to Reset Password [00:16]: Using OTP on Aadhaar-registered mobile number. Using OTPs on mobile number and email ID registered with the e-filing portal. Using a Digital… Read More »
How to file form 10-IC? Purpose of Form 10-IC [00:03]: This video explains Form 10-IC, which is an application for domestic companies to opt for paying income tax, surcharge, and cess at a concessional rate of 22%, subject to certain conditions. Who Can File [00:21]: Domestic companies registered on the e-filing portal. Companies must have… Read More »
How to download ITR-V? Purpose of ITR-V [00:03]: This video explains how to download the ITR-V (Income Tax Return Verification) form. The ITR-V is an acknowledgment receipt sent by the Income Tax Department upon successful receipt of a taxpayer’s Income Tax Return. Importance of ITR-V [00:11]: If a taxpayer files an Income Tax Return but… Read More »
Change your e-filling password Purpose [00:01]: This video guides you on how to change your e-filing password. Prerequisites [00:04]: To change your password, you need a valid and active Permanent Account Number (PAN) and your existing e-filing password. Steps to Change Password [00:15]: Log in: Log in to the e-filing portal using your User ID… Read More »
Taxpayer Assistance through Co-Browsing Introduction to Co-Browsing [00:04]: This video introduces the co-browsing facility, initiated to provide taxpayer assistance through the help desk. What is Co-Browsing? [00:18]: Co-browsing allows help desk agents to access a taxpayer’s browser in real-time with a click of a button. With the taxpayer’s permission, agents can securely view and navigate… Read More »
GST Rate Cuts: Empowering Punjab’s Growth & Livelihoods The recent GST reforms, which include rate cuts from 12% to 5% across numerous sectors, are designed to boost Punjab’s economy by lowering prices, increasing competitiveness, and supporting key livelihoods across the state. Key Sectoral Gains from Tax Rationalization Textiles and Handicrafts (12% to 5%): Phulkari Embroidery… Read More »
A revision of an assessment isn’t valid without specific adverse material against the assessee. Issue Can a completed assessment, where a deduction was allowed after due verification, be revised under Section 263 of the Income-tax Act, 1961, based on general adverse findings against a third party (in this case, a political party), without any specific… Read More »
Mere uploading of an order to the GST portal is not a valid “communication,” and the time limit for an appeal doesn’t start until the order is properly served. Issue Does the mere act of uploading an adjudication order onto the GST portal constitute a valid “communication” of that order to the taxpayer, thereby starting… Read More »
A subsequent Supreme Court ruling isn’t a valid ground to rectify a final ITAT order. Issue Can the Income Tax Appellate Tribunal (ITAT) use its power of rectification under Section 254(2) of the Income-tax Act, 1961, to recall its own final order just because a subsequent judgment by the Supreme Court has overruled the legal… Read More »