Advance tax indicates that income tax has to be paid in advance rather than a lump sum payment done the year-end. It is also referred... Read More
Advance tax Liability
Treatment of Cash seized During Income Tax Raid The Finance Act, 2013 has introduced an explanation to section 132B which states that the ‘existing liability’ does... Read More

A searched person cannot be allowed to adjust Cash seized During Income Tax Raid with payment of advance tax
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?