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Concerning the Income-tax Act of 1961, the words "tax avoidance" are often implemented. Remembering tax evasion is categorically prohibited and punishable...
Under the concept of income tax, the total income of an assessee for the previous year is taxable in the assessment year. The government's primary source o...
Tax Planning, Tax Avoidance and Tax Evasion are separated by minuscule margin. Tax Planning is legal but not tax evasion, and as far as tax avoidance is co...
Recently the Taxation Laws (Amendment) Bill 2021 was passed in the parliament, which intends to do away with retrospective tax provision and end retrospect...
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