"I have an experience of 3.5 years in the field of Audit & taxation. This experience comprises of working in two CA firms based in Delhi and having offices in different states. This experience comprises of preparing financial statements as per applicable FRF and conducting substantive testing of business cycles like sales and purchase etc. Apart form audit, I have handled litigation matters of income tax cases u/s 143(2) ,148 and CIT appeals. I have completed Fianancial Accounting and Analysis approved by IIM Bangalore."
Introduction With the recent amendment by Finance Act 2020 in residential status provisions, NRIs are looking for possible understanding. It is crucial to understand the same as taxability of any income in the hands of an individual depends on the below criteria:- – Residential Status of the individual as per the Income tax act and […]
Whenever assessing officer issues assessment order u/s 143(3), 147, 271(1)(c) along with it notice of demand u/s 156 is also raised. This demand notice is usually required to be paid within 30 days of service/receipt of the same. In case assessee fails to pay the demand within the required time, he/she becomes assessee in default.
