Powers of the CIT(A), of enhancement under section 251 of Income Tax Act is restricted to the matter dealt with by the AO
Union Finance Minister Nirmala Sitharaman presented her sixth Budget on February 1. This was an interim budget ahead of the general elections later this year. It was focused on youth and women empowerment, while maintaining fiscal consolidation and continuing capex.
ACCA, which stands for Association of Chartered Certified Accountants, is the oldest and most widely recognized and accepted certification course for accounting and finance professionals.
The government had introduced a term "Amrit Kal" in Budget speech 2023 and called the next 25 years as “Amrit Kal” and had stated in its o
The Goods and Services Tax (GST) regime in India, a comprehensive indirect tax on the manufacture, sale, and consumption of goods and services throughout the country, has streamlined the taxation process.
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GSTGST has been a landmark reform of Independent India, enabling "One Nation One Tax One Market". GST has reduced the compliance burden on trade and i...
Direct TaxInterim Budget for 2024-25 is presented by Hon'ble Finance Minister Smt. Nirmala Sitharaman today i.e. February 01, 2024 and highlighted that the Indi...
Finance Minister Nirmala Sitharaman today on February 1 presented the Union Budget 2024 inside the Lok Sabha. No changes have been introduced in the tax slabs in old and new tax regimes.
No major changes in Income Tax slab rates, including for companies.
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