Income Tax

Sovereign Gold Bond (SGBs) offer a smart and efficient way to invest in gold, especially for those looking to avoid […]

Section 194P was introduced in Budget 2021 to provide conditional relief to senior citizen above the age of 75 years

e-DRS is managed by the Central Board of Direct Taxes and aims to reduce litigation and provide relief to eligible

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

Section 271H of IT Act related to penalty if a person fails to file TDS or TCS returns/statements within the