The Hon’ble High Court at Madras in the case of M/s. V.A.Haseeb and Co. (Firm) represented by one of its Partner, Shri. Mohammed Anwarullah (Petitioner)... Read More
The growing instances of accumulating huge unaccounted money or black money has made it necessary to specify the differences between tax Avoidance and Tax evasion,... Read More
A return shall be considered as a defective return unless it is accompanied by the following documents: A return in the prescribed form with all... Read More
Tax Deducted at Source, or TDS as it called in short, is considered as a kind of advance tax. The legislature gets a specific tax... Read More
Following the announcement of declaring specified bank notes “as not legal tender”, it is felt that instead of allowing people to find illegal ways of... Read More
Permanent Account Number (PAN) – How to get it and penalties if you have more than one PAN?
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Permanent Account Number (PAN) is a mandatory requirement across the country for majority of the financial transactions. Most of us already have PAN issued in... Read More
Intimation under Section 143(1)
5 min read
On receiving the return filed u/s 139 or u/s 142 (1), the Income Tax Department processes the said return and sends an intimation under Section 143 (1)... Read More
In every country, taxation laws are different and sometimes quite complex. With the changing global environment, there are new industries and commodities emerging on a... Read More
This is in continuation to our Demands and recovery under Model GST Act quick walk through; here we would share a quick guide for the Recovery... Read More
Demand and Recovery under GST Act (Model Version) are basically laid down for the department, for providing them a framework in order to raise a demand on non-payment of... Read More