Demonetization

Around 300 IT Commissioners Transferred Across the Country in a Major Reshuffle 2 min read

• Income Tax

Around 300 IT Commissioners Transferred Across the Country in a Major Reshuffle

Diksha Garg 7 years ago

To fine tune the working of the Income Tax Dept, this step was taken. The list of all the transfers made is personally investigated thoroughly... Read More

Income tax department to use analytics to look for discrepancies in bank accounts and select Income Tax Returns for Scrutiny 3 min read

• Income Tax

Income tax department to use analytics to look for discrepancies in bank accounts and select Income Tax Returns for Scrutiny

Sourav 8 years ago

It’s the first time in the Indian history that the income tax department, India will be using big data analytical tools to seek through the personal... Read More

The New Income Declaration Scheme – Another Chance to disclose unaccounted money 2 min read

• Income Tax

The New Income Declaration Scheme – Another Chance to disclose unaccounted money

Sourav 8 years ago

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

Income Tax Amendment Bill for demonetized black money 3 min read

• Income Tax

Income Tax Amendment Bill for demonetized black money

Akanksha 8 years ago

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

5 Methods for NRIs to get their Old Demonetized Currency Exchanged 3 min read

• Income Tax

5 Methods for NRIs to get their Old Demonetized Currency Exchanged

Akanksha 8 years ago

Demonetization of Rs. 500 and Rs. 1,000 currency notes has not only taken the Indian citizens by surprise but also created quite a situation for... Read More

Currency Demonetization- Common Queries- Myths – How to declare the money being deposited- Notices by Assessing Officers and Dangers Ahead 7 min read

• Income Tax

Currency Demonetization- Common Queries- Myths – How to declare the money being deposited- Notices by Assessing Officers and Dangers Ahead

Manager 8 years ago

In the coming weeks, Property values are expected to crash due to likely hood of Government coming down heavily on Benami Property deals, on Jewelers... Read More

Withdrawal of Rs 500 and Rs 1000 Currency Notes- understand consequences of exchanging with fresh currency 6 min read

• Income Tax

Withdrawal of Rs 500 and Rs 1000 Currency Notes- understand consequences of exchanging with fresh currency

Manager 8 years ago

Withdrawal of currency notes of Rs 500 and Rs 1000 from circulation can have serious impact on some assesses. The scheme of withdrawal of these... Read More