Pay Tax even if Income is Less Than Rs. 5 lakhs- Interim Budget 2019
Interim Budget 2019 comes up with so many tax proposals. One such proposal is that no tax to be paid on income up to 5... Read More
Diksha Garg
Quarterly Assessment Orders- AOs to appear Before CsIT(A) &; defend it properly: CBDT
14 Feb 2019 – CBDT has issued a directive in which it has stated that the Pr.CIT shall ensure that the Assessment Orders(AOs) which also... Read More
Cenveo Publisher Services India Ltd -petitioner vs. Union of India and Ors (Bombay High Court)-Respondents
Sec 147: Reopening of assessment: Delay in filing objections by the assessee to the reasons given by AO and leaves him with little time to... Read More
Can the Benefits of HRA and Home Loan be Claimed Simultaneously?
Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... Read More
Tax Evasion in India and Punishments and penalties related to it- Know More About it-
Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Which Is more bad Tax Avoidance and Tax Evasion?- Read to Know More-
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
Tax Implications by Owning Residential Property by an NRI in India
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
An NRI? Here are the Tax liabilities you should know
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
Tax Liability of an NRE account
3 min read
NRE stands for NON-RESIDENT EXTERNAL. NRE is an Indian Rupee denominated account which gives complete security to the Non-Resident Indian. The funds in the Indian... Read More
Better understanding of Assessment or Reassessment U/s 147 and 148 of Income Tax
Section 147 and 148 of the Income Tax Act permits the Income Tax Department to reopen and reassess one’s IT returns which already filed. Stay tuned... Read More
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar 
Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption 
Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide 
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?