Check out the negatives and misses in the Union Budget 2017
It was the only and the first budget ever in the history of independent India to be presented on the 1st February. Finance Minister Shri Arun... 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.
Tax Position of a business established in a SEZ which Does not export its goods but sells only in India
Can a business established in an SEZ sell goods in Domestic Tariff Area (DTA) that is within the country, and still claim all the tax... Read More
Income Tax Exemption to Patanjali – The final nail into FMCG’s coffin
This would be the last nail in the coffin for FMCG (Fast Moving Consumer Goods) sector that has already been suffering from demonetisation side effects. The... Read More
How to claim tax relief under section 89(1) for salary arrears
Tax is computed on the salary which is received during the year. Sometimes the employee receives the salary in arrears or advance. When the salary is received from the employer... Read More
How to surrender PAN in case there are more than one PAN(s) allotted?
A PAN (Permanent Account Number) is a unique number of 10 alphanumeric characters that is assigned to every tax payer by the Income Tax... Read More
Assessing Officer is entitled to withhold Income Tax Refund if he has doubt
The Central Board of Direct Taxes has held that Assessing Officer is entitled to withhold Income Tax refund in any case if he has doubt... Read More
Would EPF withdrawal make sense for you or would it hurt you financially?
One of the main employment-related savings-cum-investment features is the Employee provident Fund (EPF) that is regulated by the statutory body of Labor Ministry, Ministry of... Read More
Penal Provisions for Benami Transactions under Benami Transactions Prohibition Act 2016 to Unearth Fraud Transactions
In a bid to cleanse the economy, the Indian government had demonetized 86% of the currency in circulation and tried to bring every rupee accounted... Read More
How to get PAN Reactivated- what to do to respond to IT-department?
Deactivated PAN can be a matter of concern for many Income Tax assesses since it is the fastest way to communicate with the Income Tax... Read More
No more taking your own time for Income Tax Return filing- Find out why?
The Union Budget of 2017 witnessed a major decision regarding the validation of time taken for assessment, re-assessment and re-computation for revised Income Tax return... 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