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Section 145 of the Income Act, 1961 deals with the process of standards which the following persons are required to follow when it comes to non-compliances...
Section 40(A)2 of the Income Tax Act provides powers to the assessing officer. In case of expenditure incurred or payment has been made or is to be made to...
To simplify the process of the small businesses to carry on their business hassle-free, the Presumptive taxation Scheme was introduced under the Income Tax...
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...
The Income Tax department recently issued a notification regarding linking your PAN to your bank account and validate your bank account online. Moreover, e...
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...
It can feel like you are giving away a lot of money each month in taxes. While there are many benefits resulting from taxpayer money, it is also important...
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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Before approaching the new suppliers or any other third parties, you should always go for the v...
With the increasing landscape of Fintech Companies, it is increasingly vital that fintech compl...
This blog gives a detailed description through an audit report for industrial waste by examinin...
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