Income Tax Articles

Updated Return: Understand the New Tax Filing Rules

Posted by CA Gyati Gupta 04 February 2022 6022 Views

Discover the new 'Updated Return' for income tax. Learn filing deadlines, penalties, and eligibility criteria to ensure compliance with the latest tax laws.

Court Power to Review IT Dept Orders: Section 293 Explained

Posted by FCS Deepak Pratap Singh 04 February 2022 2016 Views

Discover when civil courts can review IT department orders. Learn about Section 293 of the Income Tax Act and court review powers. Read now!

Annual Value of House Property: Calculation Guide

Posted by CA Gyati Gupta 02 February 2022 28359 Views

Understand how to determine the annual value of your house property for tax purposes. Learn about self-occupied, let-out, and deemed let-out properties.

Undisclosed Income & Penalties: No Immunity for 'Buying Peace'

Posted by CA.Mohit Gupta 30 January 2022 2335 Views

Discover why declaring undisclosed income to 'buy peace' doesn't grant immunity from penalties under the Income Tax Act. Learn about your obligations.

Benami Property: Is Registration in One Family Member's Name Valid?

Posted by FCS Deepak Pratap Singh 26 January 2022 3140 Views

Discover if registering leasehold property in one family member's name constitutes a Benami transaction. Learn about fiduciary capacity and property law.