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
Income Tax
- Your guide to understanding and filing income tax returns.
- Simplify your tax filing process with expert advice.
- Learn about the different types of income tax, including individual income tax, corporate income tax, and more. Understand the income tax slabs, deductions, and exemptions applicable to various income sources.
- Get expert advice on tax planning and saving strategies to minimize your tax liability. Learn how to file your income tax return accurately and on time, avoiding penalties and interest charges.
- Stay up-to-date with the latest income tax news, circulars, and notifications. Access useful tools like income tax calculators, TDS calculators, and form 16 download links.
For the Assessment Year 2011-12, the Petitioner NuPower Renewables Pvt. Ltd filed the income return on 29th September 2011, declaring loss of Rs.5.97 Crores (rounded... Read More
FAQs about IRS Tax Regulations on Online Entrepreneurs
Does Tax-free Work Online? If you are an entrepreneur having an online presence instead of a physical location can save you a pretty penny when... Read More
The Chase on Notional Income widens, but the loopholes prevail!
The year 1998 saw the dissolution of the Gift Tax Act which led to the creation of a very dynamic section-Section 56(2) of the Income... Read More
Fudging income, tax breaks gets tougher with the New Format of Form 16
A new format has been notified by the CBDT for Form 16, which is the salary TDS certificate. It would be requiring an in-depth break... Read More
Tax Queries on tax deductions pertaining to Long Term Capital Gains and SIPs
How to avoid long term capital gains tax under section 54 and 54F of the Income Tax Act, 1961? In order to understand how to... Read More
Filing Taxes In India FY 2018-19: Guidelines for the NRI’s
It’s the season of tax filing and yes, the due date for filing of your ITR for the fiscal year 2018-19 is fixed at July... Read More
Ask any business adviser for tips for business success and the first thing they will harp on will be a business plan. Apart from steering... Read More
Pay Tax even if Income is Less Than Rs. 5 lakhs- Interim Budget 2019
Interim Budget 2019 comes up with so many tax proposals. One such proposal is that no tax to be paid on income up to 5... Read More
3 Reasons You Need To Check On Your Workers Compensation Coverage
Today If you are a business owner, you are already well aware of the value that each of your employees brings to the organization. Without... Read More
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 
What is remedy to taxpayer if the Tax deductor fails to deposit the TDS or fails to file TDS Return