"CA Nupur Gupta is a Chartered Accountant (ACA) working in the field of domestic and international taxation. She is actively involved in handling income tax assessments and representing clients before the CIT(A). She also acts as a briefing counsel on cases argued before the ITAT and High Court. She has experience working on corporate and non-corporate tax planning for companies, NRI taxation, and individual taxation. The other areas of her practice are audit, return filing, and ROC compliance. She also provides direct tax and accounting opinions and has published multiple articles on Income Tax assessments and appeals. "
Chapter VI A of the Income Tax Act, 1961 provides for various deductions that are available from the total income of an assessee while computing the taxable income. The assessees are normally aware of certain common deductions such as deduction u/s 80C in respect to contribution made towards LIC, provident fund, deduction u/s 80D for […]
The Commissioner of Income Tax (Appeals) [hereinafter referred to as the CIT(A)] is the first appellate authority which can be approached whenever an assessee is not in agreement with the order passed by the Assessing Officer during the course of an assessment. Section 246 and Section 246A list out the orders that are appealable before […]
As per section 2(8) of the Income Tax Act, 1961, the term assessment includes re-assessment. Meaning of income escaping assessment: As per the provisions contained in section 147 of the Income Tax Act, 1961, if the Assessing Officer has reason to believe that any income chargeable to tax has escaped assessment for any assessment year, […]
