Income Tax

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Income Tax Taxation

Section 143(2) – Notice for Scrutiny and how to Respo...

Section 143(2)

We file Income Tax Return by assessing our income on the basis of income received. However, there are chances of minor or major discrepancies depending upo...

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Income Tax Taxation

Link your PAN to your bank account to avail Income Tax...

Income tax refund

The Income Tax department recently issued a notification regarding linking your PAN to your bank account and validate your bank account online. Moreover, e...

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Income Tax Taxation

Income Tax Rules for Verification of Cash Deposit

Verification of Cash Deposit

It has been observed that black money is growing at a higher pace which creates a direct impact on the Indian economy. Verification of the cash deposit is...

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Income Tax Taxation

What are the Income Computation and Disclosure Standard...

Income Computation and Disclosure Standards

Recently, the Government of India has come up with the major change in the Indian taxation system by introducing Income Computation and Disclosure Standard...

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Income Tax Taxation

Angel tax – Its Effects on Indian Startups

Angel tax

India is the second-biggest hub for any startup to grow and set up its business. The Indian government is also promoting such startups and entrepreneurship...

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Budget Income Tax

Key Income Tax Changes in Interim Union Budget 2019...

Income Tax changes

The interim budget of 2019 came as a big relief for the common people of India. Accordingly, Finance Minister Piyush Goyal proposed many changes in the rul...

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Income Tax Taxation

Double Taxation Avoidance Agreement for NRI

Double Taxation Avoidance Agreement

For many NRIs who are working in other countries, the Double Taxation Avoidance Agreement (DTAA) helps to avoid paying double taxes on income earned in bot...

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Income Tax Taxation

Flashback 2018: 25 major influential Income Tax Judgmen...

Income Tax Judgments

This post is all about 25 major income tax judgments; therefore, we have prepared a digest however it may seem a bit lengthy but trust me, it’s worth inv...

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