Understand advance tax rules, due dates, and penalties for non-compliance. Learn how to avoid interest charges under sections 234B & 234C.
न्यूनतम और अधिकतम आय के नियम बनाना आर्थिक असमानता रोकने का उपाय है। अधिक खर्च और संपत्ति सीमा तय कर मंदी व काले धन पर नियंत्रण संभव है।
Receiving an income tax notice can be disconcerting, particularly for individuals who are not well-versed with tax laws and compliance processes. Nevertheless, knowing the importance of such notices and the right procedures to follow when receiving them can minimize anxiety and avoid unnecessary legal or financial issues.
Discover key highlights of India’s Income Tax Bill 2025, effective April 2026, featuring simplified tax structures, revised slabs, and compliance changes for businesses and NRIs.
Ensure compliance with GST for March 2025. Includes reconciliations, ITC claims, LUT filing, e-invoicing requirements, and key deadlines for businesses.
Introduction Tax Deducted at Source (TDS) is a crucial mechanism for collecting taxes at the point of income generation. The Indian government frequently revises TDS provisions to streamline tax collection, increase compliance, and reduce the tax burden on individuals and businesses. This article highlights the latest updates in TDS for 2025, including revised threshold limits, […]
Supreme Court clarifies the applicability of TOLA to reassessment notices under the Income Tax Act, addressing the interplay with Finance Act, 2021.
Penny stocks, often associated with small, illiquid companies, have been a subject of concern due to their susceptibility to price manipulation. The Income tax Act, 1961, contains provisions such as Section 68 (Unexplained Cash Credits) and Section 10(38) (Exemption on Long Term Capital Gains LTCG) to prevent tax evasion through sham transactions involving these stocks.
Section 87A tax rebate on STCG led to disputes after ITD software changes. Bombay HC & CIT(A) rulings clarify eligibility. Learn about legal and tax implications.
Learn the detailed process for registering a political party with the Election Commission of India, including required documents, fees, and submission guidelines.
