Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
It’s a prescribed form through which a person can furnish the details of his /her income earned through different sources of income and taxes paid for the relevant financial year to the Income Tax Department.
An Assessee is a person who has paid any tax, has or had any obligation to pay any tax.
An Assessee is a person who has paid any tax, has or had any obligation to pay any tax.
Taxation is one of the mode used by the government to finance their expenditure by imposing charges on citizens and corporate entities. Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures.
There are five heads under total income:
Income from salary - Income from salary and pension are covered under here
Income from house property - This is rental income mostly
Profits and gains of business or profession - This is when you are self-employed, work as a freelancer or contractor, or you run a business.
Income from Capital gains - Income from sale of a capital asset such as mutual funds, shares, house property
Income from other sources - Income from savings bank account interest, fixed deposits, winning lottery.
Income which has been earned but not yet received is known as accrued income. Income is recorded in the same accounting period in which it is earned rather than in the subsequent period in which it will be received.
The Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services. In other words, Goods and Service Tax (GST) is a broad, multi-stage, tax applied on every stage where value is added. GST is the only indirect domestic tax for the entire country.
The Goods and Service Tax Act was approved and passed in Parliament on 29th March 2017 and it came into effect on 1st July 2017.
Many indirect taxes were levied which are now replaced by GST. They are
Central Excise Duty, Countervailing Duty, Service Tax, Special Countervailing Duty, Central Sales Tax (CST), Value Added Tax (VAT), Entertainment Tax, Octroi, Entry Tax, Taxes on lotteries, Advertisement taxes, Purchase Tax, Luxury Tax
It means that the taxpayer is free from the obligation to pay tax on goods in case they are lost or destroyed because of natural causes. Some conditions also apply as per the law and rules under remission.
Goods and Services Tax Network GST Practitioner Course has created an Indirect Taxation platform for GST to help taxpayers in India to make ready, file returns, pay indirect tax liabilities and complete other compliances online. It supplies IT infrastructure and services to the Central and State Governments, taxpayers and other stakeholders for the implementation of GST in India. The main aim of the GSTN Goods and service tax network is to have a uniform and transparent medium easily reachable to all the taxpayers, members, stakeholders and government.
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