Income tax assessment is post-mortem and checking of your Income tax return and income by Income tax department as Income...

PAN number is a very important document and this is a person's identity before the income tax department, but what...

Do you use Credit card or let other's use your credit card for just some rewards or points? Then this...

As we know CBTD has started using Compliance portal extensively for sending alerts to assessee regarding some high value transaction...

As we had discussed in our earlier post that Forms for ITR 1 to 7 were made available by Income...

A few months back we had completed filing of ITR for FY 2019-20 and now CBDT has notified ITR for...

As we know today is the last date to link Aadhar and PAN. Further CBDT has introduced penalty for non...

Today is the last date of the financial year and also the last day for various compliance as mentioned in...

Every year our Hon'ble Finance Minister presents Finance bill in the parliament through which necessary amendments are made to the...

In budget, 2021 which is now Finance Act, 2021, there was nothing much for the normal taxpayers but various procedures...

Section 12AB was introduced by Finance Act, 2020 and was supposed to be applicable from 01.06.2020 which was later extended till...

"Section 44AB of the Income-tax Act, 1961 ('the Act') read with rule 6G of the Income-tax Rules, 1962 ('the Rules')...

Due date for linking of Aadhar with PAN is being extended for last 3-4 years and as of now the...

Tata Consultancy Services Ltd. v. Additional Commissioner of Income Tax, LTU-1, Mumbai (ITA No. 3262/MUM/2017 Dt. 11.11.2020) Facts: The assessee,...

Compliance portal was launched around 2-3 years back and assessee used to receive various notices on compliance portal. In the...