Quarterly Assessment Orders- AOs to appear Before CsIT(A) &; defend it properly: CBDT
14 Feb 2019 – CBDT has issued a directive in which it has stated that the Pr.CIT shall ensure that the Assessment Orders(AOs) which also... Read More
Income Tax
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Cenveo Publisher Services India Ltd -petitioner vs. Union of India and Ors (Bombay High Court)-Respondents
Sec 147: Reopening of assessment: Delay in filing objections by the assessee to the reasons given by AO and leaves him with little time to... Read More
Can the Benefits of HRA and Home Loan be Claimed Simultaneously?
Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... Read More
Tax Evasion in India and Punishments and penalties related to it- Know More About it-
Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Why the Draconian Angel Tax needs to be abolished immediately?
Encouraging policy and conducive infrastructure undoubtedly play a prime role in shaping the success ladder of a startup company in the developing economy like India.... Read More
Which Is more bad Tax Avoidance and Tax Evasion?- Read to Know More-
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
Tax Implications by Owning Residential Property by an NRI in India
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
An NRI? Here are the Tax liabilities you should know
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
Better understanding of Assessment or Reassessment U/s 147 and 148 of Income Tax
Section 147 and 148 of the Income Tax Act permits the Income Tax Department to reopen and reassess one’s IT returns which already filed. Stay tuned... Read More
How to Get Back Your Money after Posting Bail for a Friend
Most people want to be a good friend. It means you are the friend that is called when someone is in jail. Unfortunately, you may... 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