A debatable claim could not result in penalty- No Penalty u/s 271 on Debatable Issue
The section 271(1) (c) of the income tax act 1961, clearly states that no penalty would be levied on an income tax payer if the... Read More
Appeal against levy of penalty
Changes in the law relating to levy of penalty in the Finance Bill, 2016
The Finance Bill, 2016 aims to make drastic changes to the law relating to levy of penalty for concealment of income and furnishing of incorrect... Read More
Claimimg TDS Credit in Previous year while deductor deposited in subsequent year- Use of Form 71- Its benefits and Limitations 
Discovered some mistake after filing Income Tax return?- Understand the rectification process of Return to escape Penalties 
What are reasons for Income Tax Refund being delayed- Remedies to expedite Income Tax Refund 
The Significance of an Aadhaar Card to get an Instant Loan