In a groundbreaking move, the Delhi High Court has ordered sixmonth jail term for a taxpayers failing to file their Income Tax Returns (ITR). Join us in this eyeopening session where we unravel the scenarios necessitating the filing of your ITR and those where it's prudent to do so.

We'll dive into the following mandatory filing cases:
Income surpasses the basic exemption limit.
Deposits exceed 1 crore in a current account.
Savings account deposits exceed 50 lakhs.
Electricity bills soar above 1 lakh.
Business sales cross 60 lakhs.
Professional receipts exceed 10 lakhs.
TDS deductions exceed 25,000 (50,000 for senior citizens above 60).
Residents holding US stocks.

Moreover, we'll explore when it's advisable to file your Income Tax Return:
Carrying forward losses.
Claiming TDS.
Reporting significant highvalue transactions per AIS.
Stay informed, stay compliant. Tune in now!

‍Practical Courses
ITR, GST & TDS (Tax Combo) https://fintaxpro.in/Combo
Account Finalization https://fintaxpro.in/Accounting
ROC eFiling https://fintaxpro.in/courses/roc/
Trademark e Filing Course https://fintaxpro.in/TM
Taxation for Share Market https://fintaxpro.in/share
GST Course https://fintaxpro.in/GST
ITR & TDS Course https://fintaxpro.in/ITR
Excel Course https://fintaxpro.in/Excel
Taxation for Online Sellers https://fintaxpro.in/online
Balance Sheet & PnL Finalization https://fintaxpro.in/BstPnL
All in one Combo Course https://fintaxpro.in/All
7827521794 (For Course queries only)

For GST Filing, ITR Filing, Trademark Filing, Trademark Reply, Company Incorporation, ROC Compliance, DSC, Project report, MSME Certificate and other related services call us at 7048930220 or 7827521794

Buy class 3 DSC with 2 years @1250 https://imjo.in/tFcdAZ

Utilities
Buy GST computation https://imojo.in/jy67ZG
Buy TDS Calculator https://imojo.in/5Jv0gj
Buy amazon profit calculator https://imojo.in/1FkCqbs

‍For Magazine https://fintaxpro.in/newsletter/

[email protected]
Telegram channel https://t.me/fintaxpro
FinTaxPro Mobile App http://bit.ly/3WJ63tX
FinTaxPro Social Handles https://linktr.ee/fintaxpro
FinTaxPro Studio Gear https://linktr.ee/fintaxpro_gear
FinTaxPro Live    / @fintaxprolive  

Disclaimer Although all provisions, notifications, updates, and live demos are analyzed indepth by our team before presenting to the public. We hereby provide our point of view only and tax matters are always subject to frequent changes hence advisory is only for the benefit of the general public. Hence neither Fintaxpro Advisory LLP nor its designated partner is liable for any consequence that arises on the basis of YouTube videos.

Copyright Disclosure As per Sec 52 of The Copyright Act,1957 Fintaxpro Advisory LLP shared this video with a clear objective to educate the public at large and thus constitute the fair dealing with content for the purpose of reporting of current events and current affairs, including the reporting of a lecture delivered in public

©Fintaxpro Advisory LLP

IncomeTax, ITR, TaxFiling, TaxLaw, DelhiHighCourt, TaxCompliance, TaxPayers, Taxation, TaxNews, LegalUpdates, LossCarryForward, TDS, HighValueTransactions, AIS, TaxTips, TaxPenalty, TaxAvoidance, TaxSeason, TaxAdvice, TaxRefund, TaxReturn, TaxDeadline, TaxPreparation, TaxConsultant, FinancialPlanning, TaxCode, TaxDeductions, TaxLiability, TaxReform, TaxStrategy, IncomeTaxAct