Tax Evaders can escape by paying penalty? New CBDT Norms state otherwise!
The Department of Income Tax has come up with revised guidelines according to which serious offenses committed under the benami and black money laws are... Read More
Central Board of Direct Taxes
New tax rules amendments for religious organizations and institutions by Central Board of Direct Taxes
Central Board of Direct Taxes issues regulations pertaining to any Finance Act or forms new regulations regarding tax in the country. The finance act of... Read More
CBDT’s Proposal to Estimate the Expected Income In Future and Its Impact on India Inc
The CBDT (Central Board of Direct Taxes) has put forward a plan in front of the companies in India to provide it an advance estimation... Read More
A Quick Guide To The Income Tax Manual Scrutiny Criteria for 2017-18
Every year the Central Board of Direct Taxes (CBDT) releases the criteria for Income Tax manual scrutiny. When you are planning to file your tax... Read More
Ease in Strictness of Section 206AA – Dealing with Previous Issues
Section 206AA was highly rigorous and confusing as it made mandatory to submit PAN number while submitting taxes. It created many controversies; especially in case... Read More
Major Reform – Goods and Service Tax Bill Introduced in India,
Recently, Government of India has passed the Goods and Service tax bill in India. Taxes in India were collected in two forms i.e. State Government... Read More
Diving Deeper: The Impact of the New Tax Bill on Dairy and Farming Income 
Bombay High Court Upholds Section 271(1)(c) Penalty for Deliberate Non-Disclosure 
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
Major Changes Expected in Direct Tax Code 2025 and why these matter