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Showing posts from January, 2023

Why Renew a Trademark?

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A trademark helps companies and businesses safeguard their brand image. It basically prevents individuals from stealing your logo, brand name, or brand image. As a result, anyone who has managed a company or business understands the significance of having a valid trademark. In any case, it is likewise similarly essential to leave sure that the imprint you have is legitimately substantial. Renewing a trademark is of the utmost importance because each one has a time limit. Do you still have questions about how to renew a trademark or the significance of doing so? Why trademark renewal is necessary and how to do it quickly are discussed here! What is renewal of a trademark? The owner of a trademark has the option to renew it indefinitely every ten years. Before the ten-year period ends, the trademark holder has six months to renew their trademark and keep the rights granted by the Registrar. The registrar will announce in an advertisement in the Trademark Journal that a trademark will be

What is ITR-U?

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The ITR-U form is used to make changes to your income tax return. In the Union Budget 2022, the government introduced the idea of updated returns. Have you ever misrepresented your income on your ITR or neglected to report it? You have two years to update your ITR under the Income Tax Act's Section 139(8A). From the end of the year in which the initial return was filed, two years will be counted. ITR-U was introduced with the intention of maximizing taxpayer tax compliance without triggering legal action. Find out more about ITR-U by reading on. A new Form ITR-U has been issued by the Central Board of Direct Taxes (CBDT) for the purpose of updating Income Tax returns. In this form, taxpayers will be required to provide the precise reason for filing along with the amount of income that will be subject to taxation. Taxpayers will be able to use the brand-new Form ITR-U to update their income tax returns for the fiscal years 2019–20 and 2020–21. This article provides an overview of th