What to do if you get a Notice from Income Tax Department?
Notice from Income Tax Department is common, but there is nothing to worry about. Just produce the required documents and appear before the authority when... 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.
Top Secrets for Income Tax Planning in Legally permissible ways
No one likes to pay too much of tax on their hard-earned money and thus, tax planning is the essential thing that every taxpayer must... Read More
Understanding Major changes in ITR forms for individuals for AY 2017-18
Some Major changes in ITR forms introduced in the latest Budget seems to have made the process a bit less complicated for the individual tax... Read More
Online Income Tax Assesment System- Submission Of Income Tax assessment related documents Online
3 min read
Filing of Income tax returns and processing of other IT related documents, submitting of requests etc, will be easier, through the online window introduced on... Read More
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
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
Employer can forfeit gratuity of an employee in case of moral turpitude 
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