In the tax-planning season, most people rush to make investments to reduce their tax liability. It is found that individuals pay more taxes than they... Read More
Income Tax
- Your guide to understanding and filing income tax returns.
- Simplify your tax filing process with expert advice.
- Learn about the different types of income tax, including individual income tax, corporate income tax, and more. Understand the income tax slabs, deductions, and exemptions applicable to various income sources.
- Get expert advice on tax planning and saving strategies to minimize your tax liability. Learn how to file your income tax return accurately and on time, avoiding penalties and interest charges.
- Stay up-to-date with the latest income tax news, circulars, and notifications. Access useful tools like income tax calculators, TDS calculators, and form 16 download links.
Tax implications of Life Insurance policies
2 min read
Many people have an idea that benefits received from the maturity of life insurance policies are tax-free. But it is not always true as all... Read More
Forms 15G and 15H – tools to save tax?
5 min read
Banks often ask depositors to file Form No. 15G or 15H every year. There are different rules regarding filing of Form No. 15G and Form... Read More
Choosing the best car loan option
2 min read
Car is not only a status symbol, but it is also a necessity, especially in metro cities, where you have to regularly travel to far... Read More
Tax evasion can land you in deep trouble
5 min read
Individuals have the liberty to self assess their income and pay taxes accordingly. However that does not mean that if someone conceals a particular source... Read More
The Central Board of Direct Taxes has recently passed a direction on 07.10.2015 wherein it has been notified that the Assessing Officers of the Revenue... Read More
Article: Penalty u/s. 271(1)(c)- A boon or a curse?
India has gone digital from groceries to ITR filing online. However, income tax return registration has become easy; there is a cliché to it. The... Read More
Impacts of Non-issuance of TDS certificate within time
There is a grievance that often the tax deductors fail to issue TDS certificate in spite of many reminders by the deductee for such issue.... Read More
CBDT Instruction regarding Compulsory Manual Selection of Cases for Scrutiny during FY 2015-2016
5 min read
The CBDT (Central Board of Direct Taxes) has issued the above Instruction on August 31, 2015 to lay the parameters for compulsory manual selection of... Read More
The debate as to whether “mens rea” is an essential ingredient for levy of penalty has been never ending. It is a common issue as... 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?