Benami Transactions– everything you need to know about these transactions
According to the reports– the number of Benami Transaction have touched peak over the past few years which has raised the concerns of the government. The Government of... Read More
transaction cannot be treated as unexplained
A transaction cannot be treated as unexplained merely because the assessee fails to file return
3 min read
Merely as the assessee fails to file the copy of the related return of income tax, a transaction cannot be treated as unexplained. The amount... 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