Income Tax Articles

Guide to Reopening of Assessment Proceedings under IT Act

Posted by Adv. Ravish Bhatt, ADIT, CIOT 06 May 2023 6431 Views

Understand and respond to notices for reopening of assessment proceedings under the IT Act 1961. Get practical guidance on your rights and obligations.

New Tax Regime Changes 2023: What You Need to Know

Posted by Pranab Banerjee

06 May 2023 8250 Views

Discover the key changes to India's new tax regime introduced in Budget 2023. Learn about standard deduction, tax rates, and rebate limits.

Alternate Accommodation Tax: Is It Taxable?

Posted by Affluence Advisory 05 May 2023 4589 Views

Understand the taxability of alternate accommodation during property redevelopment. Find out if rental compensation is a capital receipt and not taxable.

ITR Filing FAQs: CBDT Issues Guidance on Common Errors

Posted by Shree 02 May 2023 23946 Views

Struggling with ITR filing? The CBDT has released FAQs addressing common errors for ITR 1, 2, 3, 4, 5, 6, and 7. Find solutions here!

Supreme Court: Sec 153C Amendment Applies Retrospectively

Posted by CA.Mohit Gupta 02 May 2023 8679 Views

Discover how the Supreme Court ruled Section 153C amendment applies to searches before June 1, 2015. Understand the implications for your tax assessments.

Non-Resident Income Taxable in India: Section 9 Explained

Posted by Geetanjali Pandey 29 April 2023 6134 Views

Understand income deemed to accrue or arise in India for non-residents. Learn about business connection, significant economic presence, and taxable income sources.

Taxability of Non-Residents in India: Key Concepts

Posted by Geetanjali Pandey 28 April 2023 6011 Views

Understand the taxability of non-residents in India. Explore key concepts like residential status, scope of income, and business connection under the Income Tax Act.

New LRS Rules: Wealthy Indians & Offshore Funds

Posted by Rashmi 28 April 2023 4012 Views

Discover how new LRS regulations impact wealthy Indians' offshore funds. Learn about the 180-day rule, ambiguities, and increased TCS. Get informed now!