Articles by CA Pallav Singhania

Filing ITR is Mandatory despite Income below Exemption Limit

CA Pallav Singhania 20 April 2024 at 07:07

According to the Income Tax Act of India, individuals are mandated to file an Income Tax Return (ITR) only if their annual income surpasses the basic exemption limit.

Empowering MSMEs and Addressing Unauthorized Registrations

CA Pallav Singhania 10 April 2024 at 08:34

This article explores the integration of PAN in India's MSME registration, enhancing transparency and efficiency.

Unlocking Convenience: The 'AIS for Taxpayer' App

CA Pallav Singhania 09 April 2024 at 08:41

The Indian Government has recently unveiled a mobile app for taxpayers - the 'AIS for Taxpayer'. Developed by the Income Tax Department, this innovative application serves as a comprehensive tool empowering individuals with seamless access to their tax-related information and facilitating informed financial decision-making.

Key Precautions for Reviewing Income Tax Intimation under Section 143(1)

CA Pallav Singhania 08 April 2024 at 08:45

ere, we highlight key precautions to ensure a thorough review of such intimations, safeguarding taxpayers from potential errors or discrepancies.

Triumphs and Trials

CA Pallav Singhania 22 December 2023 at 15:02

My article emphasizes the pivotal role of planning and strategy as essential tools for navigating and overcoming the obstacles and challenges presented by the passage of time.

Can Taxing Agricultural Income Benefit Farmers in India?

CA Pallav Singhania 05 June 2023 at 08:57

Introducing a slab-based taxation system for agricultural income could be a feasible approach. By doing so, the burden of taxation can be adjusted according to the income levels of the farmers.

Story of Struggle to Success

CA Pallav Singhania 06 May 2023 at 08:50

Becoming a Chartered Accountant is not an easy feat, and my journey towards achieving this goal was no exception. My passion for finance and accounting led me to pursue a CA degree, which I joined in 2010.

Survival of Chartered Accountants with AI & ML

CA Pallav Singhania 29 April 2023 at 08:41

In today's dynamic and challenging world, Chartered Accountants (CAs) need to stay up-to-date with the latest technologies and tools to remain competitive. One such technology that has revolutionized the accounting industry is Machine Learning (ML) and Artificial Intelligence (AI).

My Journey of a Decade

CA Pallav Singhania 22 November 2022 at 08:48

My journey is by no means over. In fact, it is just getting started and I am looking forward to many more decades of adventure.

India digitizing Global Economy through its UPI

CA Pallav Singhania 18 November 2022 at 08:49

We expect the Indian UPI QR-code-based mechanism to evolve as a key to the decentralization of payment platforms in the international market. It will be interesting to see the digital transformation with the adoption of UPI on a global scale in some form.