How to select the ITR form to be filed? By Filing return in wrong format, you may miss report some income and get exposed to Penalty... 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.
Inappropriate Initiation of a Tax Evasion Case Proceedings by Assessing Officer(AO) u/s 147
3 min read
In this article, we’ll discuss the tax evasion petition and how the AO, without proper evidence and without being satisfied by the documents, decided to... Read More
Do you get confused between the terms’ tax evasion and ‘tax avoidance? If yes, you are at the right place to know the difference between... Read More
Tax evasion is unlawful action where an individual willingly tries to escape paying the true amount of tax imposed on him. Intentionally not paying taxes... Read More
Most of the people claim for refunds in the IT department. Usually, the refunds can be acknowledged when the TDS subtracted and the entire tax... Read More
Taxes collected from the residential individuals by any authority serve as a backbone for that country’s economy. Similarly, in India, the government solely depends upon... Read More
To make voluntary compliance and tax accountability easy and to facilitate the e-filing of the tax returns, it is stated that any information received by... Read More
The proposal of the introduction of faceless appeals against the tax evaluation cases has to lead to a lot of commotion. There is an apprehension... Read More
Income Tax Return refund: Have you pre-validated your bank account? A step-by-step guide to doing so
2 min read
Income Tax Return refund: Have you pre-validated your bank account? A step-by-step guide to doing so
The final date for filing an income tax return for the financial year 2020 is 31 December 2020. But, for claiming the refund, one more... Read More
Fighting a legal battle is a definite nightmare especially for a person not from legal background. It is more so, if your opponent is a... Read More