Income Tax

Shubhangi Jain

31 May, 2023

Advance tax refers to the payment of the tax liability before the end of the relevant financial year (FY) to the income tax department. Advance tax is als...

Shubhangi Jain

27 May, 2024

On 11.12.15, the Hon’ble Delhi High Court (HC) pronounced a landmark judgement in the case titled Maruti Suzuki India Limited Vs Commissioner of Income T...

Shubhangi Jain

22 Jun, 2023

Every assessee in India is obligated to file an income tax return and make the timely payment of income tax. The Income Tax rules provide that an individua...

Shubhangi Jain

29 May, 2023

Tax planning is a continuing effort and a management strategy for ensuring the minimization of the tax liability of an individual. It is essential to thoro...

Ankita Tiwari

22 May, 2024

On 22nd May 2023, the Central Board of Direct Taxes (CBDT) issued a new circular under section 194BA (3) of the Income Tax Act 1961 (the Act). Section 194B...

Ankita Tiwari

29 May, 2023

Anyone can have different sources of income. With globalization and the opening up of economies, one can also have income from other countries. But, such i...

Ankita Tiwari

17 May, 2023

After the passing away of a person, the property and assets get passed on to the deceased person's legal heirs such as children, grandchildren, or wards. T...

Minakshi Bindhani

25 Apr, 2023

Tax compliance services in the Cayman Islands are designed to help individuals and businesses comply with local tax laws and regulations. Despite the absen...