Income Tax

Direct Tax Vivad Se Vishwas Scheme making it more beneficial for those who join the scheme late as it offers […]

Securities Transaction Tax (STT) was introduced in the year 2004 Union Budget and came into effect from 1st Oct 2004.

Section 40A(2)(b) of the Income Tax Act means that if a taxpayer makes a payment to a related party, they

Appeal is a petition against an order of assessing officer when an assessee is not satisfied with the order of

Form 67 is a declaration containing Statement of income from a country or specified territory outside India and Foreign Tax

Form 71 enable taxpayers in correcting errors in tax deduction at source (TDS). This form is also applicable when TDS

Tax audit limit specifies the threshold for businesses and professionals, beyond the limit must get accounts audited under Section 44AB

Clause 44 of Tax Audit Report in Form 3CD requires auditors to provide a detailed breakup of the total expenditure

Tax audit applicable if business or profession exceeds certain turnover or income threshold limits. Income tax audits under Section 44AB

Income tax refund delay occurs due to various factors which may include issues with verification, errors or incorrect information in

Unified Pension Scheme (UPS) is an important initiative announced on 24th August 2024 by the Narendra Modi government to provide

Section 43B(h) of Income Tax Act Finance Act 2023 inserted a new provision u/s 43B i.e., clause (h) which states