Are you eligible as an Indian seafarer to get Income tax relief?
Recently a verdict by Kolkata income tax tribunal against a marine engineer has changed the concepts about income tax charged from the seafarers. The verdict... 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.
How to link Aadhar with PAN card? Need to complete the linking process within 31st December 2017
3 min read
As per instruction of government of India, taxpaying citizens or entities and other PAN card holders should link Aadhar with PAN card. The process and... Read More
PAN WITHOUT AADHAAR will be INVALID PAN- Take action for Linking of Aadhar with PAN Card
Linking of Aadhar with PAN Card made mandatory else you will not be able to carry out few transactions, as listed below in this Article... Read More
Mere low income cannot constitute understatement of income by an Assessing Officer
The provisions contained in the section 147 of the Income Tax Act authorizes the Assessing Officer for reassessment by reopening the case wherever there is... Read More
Taxpayers jitters with extensive search and seizure powers to Assessing Officers
The amendments and changes in the procedural rules including changes in search and seizure provisions in Income Tax Act have had the consequence of setting... Read More
undisclosed income found during search/survey to be distributed to members of the family running the business
Section 132 of the Income Tax: It is but natural that the undisclosed income found during search/survey has to be distributed to all the members... Read More
Warrant in name of a dead person does’t make 158BC/158BD proceedings invalid: Gunjan Girishbhai Mehta vs. DIT (Supreme Court)
Where the assessee has attended proceedings under section158BC, are subsequent actions inder 158BD invalid if warrant is in name of dead person... Read More
FAQ on Cash Receipt of Rs.2 Lakh or More w.e.f 1.04.2017 (Section 269ST)
Section 269 ST has been introduced in this budget, which has draconian provisions. However would these provisions be strong enough to deter a tax... Read More
Finance Bill: Empowering tax officials for curbing black money
The countdown has begun. From the 1st of April, 2017 the Central Govt.’s steps for curbing black money is going to be more and more... Read More
No more fake rent receipts for claiming deduction for house rent allowance
You might find yourself in trouble soon if who have been using the fake rent receipts for saving income tax. The department might soon ask... 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