Income Tax Articles

Taxpayers with Undisclosed Foreign Assets Must Revise ITRs by 31st Dec 2024

Vivek Jalan 11 December 2024 at 08:48

Taxpayers with undisclosed Foreign Assets like real estate, bank accounts, shares, debentures, insurance policies or Foreign Income to revise their ITRs by 31st December 2024... atleast those who get e-mail or SMS

Stock-in-Trade and Section 40A(3): Cash Payments Under the Microscope

CA Dipak Dama 10 December 2024 at 08:46

In this article, we examine major provisions exceptions & judicial decisions which deal with the application of Section 40A(3).

Examples of Direct Tax and Indirect Tax in Everyday Life

Ishita Ramani 09 December 2024 at 08:45

This article explores examples of direct tax and indirect tax in everyday life that will help you apprehend their impact.

Income Tax Implications on Sale of Property

CA AJIT YADKIKAR 09 December 2024 at 08:45

The sale of property in India has tax implications which depend on various factors like the type of property, holding period, and the residential status of the seller.

Faceless assessments should be made more flexible

Vivek Jalan 07 December 2024 at 08:47

Prescribe conditions based on which taxpayers can seek to be assessed by Jurisdictional Assessing officer (‘JAOs’) instead of NFAC

Addressing Transfer Pricing Disputes: The Role of Advance Pricing Agreements (APAs)

CA Smita Khurana 05 December 2024 at 08:40

This article explores how APAs function, their benefits, and their role in resolving transfer pricing disputes.

Top Mistakes to Avoid While Making an Income Tax Payment

Ishita Ramani 05 December 2024 at 08:40

In this article, we discuss the top errors to avoid when making your income tax payment.

Transfer Pricing and Global Tax Challenges for Indian Exporters

CA Smita Khurana 04 December 2024 at 08:39

This article delves into the transfer pricing challenges Indian exporters face and how they can navigate global tax complexities.

Statutory Tax Compliance Tracker for December 2024

CS Lalit Rajput 03 December 2024 at 11:36

Tax Compliance Tracker – December, 2024

The Future of Tax Havens: How Global Reforms Are Shaping Offshore Jurisdictions in 2024

CA Smita Khurana 03 December 2024 at 08:39

The global minimum tax of 15%, tax transparency measures, and the EU's blacklist are reshaping the role of offshore jurisdictions that once thrived on low or no tax rates.