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Assessment of Income as per section 143(3) read with section 153A, must have nexus to the Incriminating Material (IM), if any, found during the course of s...
The Finance Act 2021 inserted a new section to provide relief to the senior citizens who is 75 years of age or more from the burden of filing the return......
Those individuals who are not subject to the tax audit provisions under Income Tax Act, the ITR filing deadline for Financial Year 2020-21 (Assessment Year...
If your income falls under the ambit of taxable income, then you are mandatorily required to file an ITR. The tax returns must be filed by individuals in I...
Nearly 1.5 months after its launch, the new income tax portal has been marred by technical glitches. This has caused obstruction to users and also resulted...
Due to the Covid-19 pandemic, the government has extended different deadlines relating to various tax compliances. The government has sought to ease the co...
The Indian government announced several tax reliefs under the income tax act recently. It granted an extension in timelines of compliances under the IT Act...
In case you are filing Income Tax Return (ITR) as an individual or as a company, you should also be aware of Form 26AS, which captures all the tax paid......
Alternative Investment Funds (AIFs) are a type of investment vehicle where money is invested ou...
Since the launch of Startup India in 2016, the startup world in India has undergone a major tra...
GIFT City is emerging as one of the most important finance and IT hubs in India. The vision of...
The Reserve Bank of India regulates the country's financial system and digital payment system....
On April 8, 2026, Sanjay Malhotra, Governor, Reserve Bank of India, made an important announcem...
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