Income Tax

Inappropriate Initiation of a Tax Evasion Case Proceedings by Assessing Officer(AO) u/s 147 3 min read

• Income Tax

Inappropriate Initiation of a Tax Evasion Case Proceedings by Assessing Officer(AO) u/s 147

Diksha Garg 2 months ago

In this article, we’ll discuss the tax evasion petition and how the AO, without proper evidence and without being satisfied by the documents, decided to... Read More

What is Tax Avoidance and How it is Not Same as Tax Evasion? 3 min read

• Income Tax

What is Tax Avoidance and How it is Not Same as Tax Evasion?

Diksha Garg 3 months ago

Do you get confused between the terms’ tax evasion and ‘tax avoidance? If yes, you are at the right place to know the difference between... Read More

What are the Causes of Tax Evasion and Ways to Control It? 3 min read

• Income Tax

What are the Causes of Tax Evasion and Ways to Control It?

Diksha Garg 3 months ago

Tax evasion is unlawful action where an individual willingly tries to escape paying the true amount of tax imposed on him. Intentionally not paying taxes... Read More

How to Request for an Income Tax Refund Reissue? 2 min read

• Income Tax

How to Request for an Income Tax Refund Reissue?

Diksha Garg 5 months ago

Most of the people claim for refunds in the IT department. Usually, the refunds can be acknowledged when the TDS subtracted and the entire tax... Read More

Income Tax for NRI – Deductions and Exemptions for NRIs 3 min read

• Income Tax

Income Tax for NRI – Deductions and Exemptions for NRIs

Diksha Garg 5 months ago

Taxes collected from the residential individuals by any authority serve as a backbone for that country’s economy. Similarly, in India, the government solely depends upon... Read More

New Form 26AS to Show Specified Financial Transactions (SFT) in Part E 2 min read

• Income Tax

New Form 26AS to Show Specified Financial Transactions (SFT) in Part E

Diksha Garg 5 months ago

To make voluntary compliance and tax accountability easy and to facilitate the e-filing of the tax returns, it is stated that any information received by... Read More

Details of Faceless Assessment and the Problem of Tax Arrears Disclosed 3 min read

• Income Tax

Details of Faceless Assessment and the Problem of Tax Arrears Disclosed

Diksha Garg 5 months ago

The proposal of the introduction of faceless appeals against the tax evaluation cases has to lead to a lot of commotion. There is an apprehension... Read More

Income Tax Return refund: Have you pre-validated your bank account? A step-by-step guide to doing so 2 min read

• Income Tax

Income Tax Return refund: Have you pre-validated your bank account? A step-by-step guide to doing so

Diksha Garg 5 months ago

The final date for filing an income tax return for the financial year 2020 is 31 December 2020. But, for claiming the refund, one more... Read More

Best Trial Preparation Services at Affordable cost to have a winning experience 2 min read

• Income Tax

Best Trial Preparation Services at Affordable cost to have a winning experience

Rajbir Chawla 7 months ago

Fighting a legal battle is a definite nightmare especially for a person not from legal background. It is more so, if your opponent is a... Read More

Best 10 Tax Saving Tips For An Entrepreneur 3 min read

• Income Tax

Best 10 Tax Saving Tips For An Entrepreneur

Diksha Garg 7 months ago

Paying Income Tax, though seems hard, is an inevitable part of any business and each businessman or entrepreneur must know the various legitimate ways of... Read More