Learn about the recent communication from the Income Tax Department regarding high-value transactions for previous and current financial years. Understand how to respond to the Annual Information Statement (AIS) and the consequences of not providing a timely reply.
Discover the various work structures of expatriates in India and their tax implications. Learn about business visits, short-term and medium-long term assignments, permanent relocation, and consulting roles.
Learn how to register as a legal heir on the Income Tax portal and file returns for a deceased person. Follow these steps and ensure compliance with tax obligations.
Discover the implications of sections of the Income Tax Act, 1961, and articles of the Constitution of India in tax assessments and recoveries. Learn from a recent judgment how timely appeals and payments can protect taxpayers’ rights.
Discover the one-time opportunity to submit your Income Tax Return (ITR) for FY 2019-20 & FY 2020-21 now. Learn about the ITR-U form and updated deadlines.
Discover tax deductions for contributions to political parties under Sections 80GGB & 80GGC of the Income Tax Act, 1961, including eligibility criteria and quantum of deductions.
Discover essential tax planning strategies for Indian business owners, including choosing the right entity, maximizing deductions, and utilizing tax-saving schemes to minimize tax liability.
The cryptocurrency market is a mixture of various things you must pay attention to for the best profitability. Anyone not completely aware of the cryptocurrency market will keep making mistakes and lose all the money.
The government tries to take participation in everything that is increasing in popularity in every country of the world. Regardless of where you live in the world, you will see the government interfering in the Personal options of the people.
HC held that until purchasing dealer discharges burden of proof under Section 70 of KVAT Ac, and proves the genuineness of transaction/purchase and sale by producing relevant materials, such as name and address of selling dealer, details of vehicle which has delivered goods, payment of freight charges, acknowledgement of taking delivery of goods, tax invoices and payment particulars etc, such purchasing dealer shall not be entitled to ITC
