As per the provisions of section 147 and section 148 of the Income Tax Act the Assessing Officer can reopen the assessment of earlier years,... Read More
Income Tax Recruitment Board invites online application forms for various vacant posts in their department. Undoubtedly the best opportunity for those job seekers who have... Read More
Mistakes while depositing demonetized notes that will lead to scrutiny of Income Tax Return
4 min read
The announcement made by PM Narendra Modi to demonetise Rs 500 and Rs 1,000 notes has led to panic in India. Everyone is rushing towards... Read More
Following our quick walk throughs on everything related to Goods and Services Tax (GST), we hereby continue to provide a handy guide on Appeal, Review... Read More
Application for Request for rectification of Income Tax return u/s 154can be filed u/s 154 of the IT Act, by the assessee in case of... Read More
If maintaining the books and following the numbers simply isn’t your forte, please appoint some professional to help you file your income tax returns. There... Read More
What could be next step by Modi Government- would it be able to Curb Benami Property Transactions
3 min read
It is a matter of common knowledge that black money hoarders try to convert their ill-gotten funds into gold and real estate by way of... Read More
Deductions under Section 80G & 80GG
2 min read
Deductions under Section 80G To encourage the concept of donations or charity towards the needy and the poor section of the society, the government of... Read More
The government has introduced the new income declaration scheme in the Lok Sabha, to give the black money hoarders a further opportunity to disclose their... Read More
Revision of Tax Audit Report- Circumstances in which it can be revised and How to revise it
2 min read
The cases in which revision of tax audit report is done are often rare in real practice. One should give due care and caution for... Read More