All about Form DIR-3 KYC: e-Form Filing, Format, Due date and requirements for Directors under Companies Act 2013

Director identification number (DIN) is a unique identification number that is allotted to every Director under the Companies Act 2013. Filing an application in eForm DIR-3 was sufficient to obtain DIN. This was a one-time process for any person who wants to be a director in one or more companies. However, the Ministry of Corporate Affairs … Continue reading All about Form DIR-3 KYC: e-Form Filing, Format, Due date and requirements for Directors under Companies Act 2013

File last year’s Tax Returns before the due date 31st March 2018

Income Tax department has given the deadline as March 31st, 2018 for filing the income tax returns for the period FY 2015-16 and FY 2016-17. It is recommended that you start with the process immediately and file your tax returns much much before the last date to avoid last minute issues. Finish your Tax Returns … Continue reading File last year’s Tax Returns before the due date 31st March 2018

Brief on Tax deduction on Interest of Home Loan Under Section 80EE, w.e.f. 1-4-2014

First time individual homebuyers can get tax deduction on interest of home loan, under newly inserted section 80EE of the Income Tax Act, applicable for assessment year 2014-15. This is in addition to tax rebate on interest payment of home loan, under section 24. Eligibility for 80EE rebate This rebate on home loan interest is … Continue reading Brief on Tax deduction on Interest of Home Loan Under Section 80EE, w.e.f. 1-4-2014