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Ca Parth Shah

Latest Posts by Ca Parth Shah

New Income Tax Regime – Structural Shift in Taxation of Income

February 28, 2020 6246 Views 0 comment Print

Budget 2020 was considered to be unique in many ways. It was the first budget of the decade 2020. Moreover it was the most anticipated budget in recent times as Indian economy was grappling from a slowdown in the growth rate for a couple of quarters. People were expecting significant rate cuts in personal income […]

Changes in ITR Forms AY 19-20-Tax Evasion & Detection of Revenue Leakage

May 26, 2019 8925 Views 8 comments Print

Central Board of Direct Tax has been conferred power by the Income Tax 1961, under section 139 read with section 295  to notify Income Tax Return(ITR) forms every year. This year on 1st April 2019, CBDT issued notification for amending Income Tax Rules, 1962, amending the ITR Forms for the Financial year 2018-19 i.e, Assessment […]

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