Explore the nuances of Income Tax Notices under Section 142(1) of the Income Tax Act, 1961. Learn when these notices are issued, how to deal with them, and the potential penalties for non-compliance. Stay informed about the procedures to follow and ensure greater tax compliance.
Discover the intricacies of Income Tax raids and understand the rights of an assessee during the process. Uncover the objectives behind search and seizure operations, who can conduct them, and the powers vested in tax authorities. Stay informed about the rights an assessee possesses during and after an Income Tax raid.
Unravel the intricacies of Income Tax Department scrutiny with insights into notices, reasons triggering scrutiny, and types of scrutiny assessments. Understand the procedures to navigate through this process, ensuring compliance and avoiding penalties. Stay informed on the consequences of non-compliance with income tax notices.
Article explains Whether TDS under section 51 of CGST Act, 2017 is required to be deducted from supplier who is a unregistered person.
Article explains Taxation of Cryptocurrency, Virtual Digital Assets, Non-Fungible Tokens under section Section 115BBH of Income Tax Act, 1961
Provisions related to Incorporation of Company with Charitable Objects Limited by Guarantee and not having Share Capital under companies Act
one-time opportunity given to all taxpayers who either could not file TRAN-I II one time due to any reason or filed an incorrect TRAN-I II.
A census report was cited in the instant judgment which stated that each year the cases of the raid by ED is increasing, however, the infectiveness was highlighted which showed that the conviction rate was zero till 2015-16, and thereafter reached a maximum of four conviction in 2018-19.
Discover the step-by-step procedure for issuing duplicate share certificates in India as per Companies Act, 2013. Learn the documentation and approvals required for cases involving lost or destroyed share certificates, as well as defaced, mutilated, or torn certificates. Stay informed about the legal process to safeguard your investments.
If the sales / turnover / Gross receipts is less than or equal to 1 crore and he/she is not showing profit as per section (1) of section 44AD and is less than 8% of the sales, then he/she is not required to get his/her accounts audited as per section 44AB(a)
