How to Rectify a defective return of Income Tax
What is a Defective Return of Income Tax? A defective return of Income Tax is a return where the details provided by the assesse are... Read More
Filing of revised return after issue of notice under section 143(2) is considered as voluntary disclosure
Filing of revised return after issue of notice under section 143(2) is considered as voluntary disclosure in absence of specific particulars
The ITAT, Mumbai on 07.01.2015 passed a judgment stating that if an assessee files the revised return of income after the receipt of notice under... Read More
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 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA