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Filing an Income Tax Return (ITR) is mandatory in India for individuals and entities that meet certain conditions under the Income Tax Act, 1961

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  Filing an Income Tax Return (ITR) is mandatory in India for individuals and entities that meet certain conditions under the Income Tax Act, 1961 . Here's a breakdown of who must file an ITR: 🔹 Mandatory ITR Filing for Individuals You must file an ITR if any of the following apply: 1. Income Threshold Resident Individuals below 60 years: Gross total income > ₹2.5 lakh Senior Citizens (60–79 years) : Gross total income > ₹3 lakh Super Senior Citizens (80+ years) : Gross total income > ₹5 lakh ( Gross Total Income = Before deductions under Chapter VI-A like 80C, 80D, etc. ) 2. Other Mandatory Scenarios Even if your income is below the threshold, you must file ITR if: Deposited > ₹1 crore in one or more current accounts in a year Spent > ₹2 lakh on foreign travel Spent > ₹1 lakh on electricity in a year You own foreign assets or income (applicable to residents) You're a resident and have signing authority in a foreign bank ...
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GST SAC LIST

GST SAC LIST  SAC Code SAC Description 99 All Services 9954 Construction services 995411 Construction services of single dwelling or multi dwelling or multi-storied residential buildings 995412 Construction services of other residential buildings such as old age homes, homeless shelters, hostels etc 995413 Construction services of industrial buildings such as buildings used for production activities (used for assembly line activities), workshops, storage buildings and other similar industrial buildings 995414 Construction services of commercial buildings such as office buildings, exhibition & marriage halls, malls, hotels, restaurants, airports, rail or road terminals, parking garages, petrol and service stations, theatres and other similar buildings. 995415 Construction services of other non-residential buildings such as educational institutions, hospitals, clinics including vertinary clinics, religious establishments, courts, prisons, museums and other similar...
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GST HSN List

GST HSN List HSN Code HSN Description 01 Live Animals; Animal Products 0101 LIVE HORSES, ASSES, MULES AND HINNIES - Horses: 01011010 LIVE HORSES, ASSES, MULES AND HINNIES PURE-BRED BREEDING ANIMALS HORSES 01011020 LIVE HORSES, ASSES, MULESANDHINNIES PURE-BRED BREEDING ANIMALS ASSES 01011090 LIVE HORSES, ASSES, MULES AND HINNIES PURE-BRED BREEDING ANIMAL S OTHER 010121 Horses 01012100 Pure-bred bredding animals 010129 other 01012910 Horses for polo 01012990 other 010130 Asses 01013010 Pure-bred breeding animals 01013020 livestock 01013090 other 010190 Other 01019010 LIVE HORSES, ASSES, MULES AND HINNIES - OTHER - HORSES FOR POLO 01019020 LIVE HORSES, ASSES, MULES AND HINNIES - OTHER - ASSES, MULES AND HINNIES AS LIVE STOCK 01019030 Mules and hinnies as livestock 01019090 LIVE HORSES, ASSES, MULES AND HINNIES - OTHER - OTHER 0102 LIVE BOVINE ANIMALS - Cattle: 01021010 LIVE BOVINE ANIMALS - BULLS - PURE-BRED BREEDING ANIMALS : ADULT 01021020 L...
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