income-tax

Income Tax

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Income Tax

Punjab Accountants Association Urges Revisions to Income Tax Regulations for MSMEs

The Punjab Accountants Association calls for reforms to Section 43(B)(h) of the Income Tax Act to support MSMEs and promote equitable tax compliance.

Income Tax

Income Tax Raids Uncover Major Cash Violations by Ludhiana Developers

Income Tax Department conducts searches on Ludhiana real estate developers, uncovering unaccounted cash and significant evidence related to on-money.

Income Tax

Hexaware Technologies vs ACIT: Bombay High Court Ruling on Tax Assessment Procedures

The Bombay High Court ruled in favor of Hexaware Technologies, emphasizing procedural compliance in income tax assessments under the Faceless Assessment Scheme.

Income Tax

Understanding Income from Other Sources: Tax Implications and Strategies in India

Explore the implications of Income from Other Sources under Section 56 of the Indian Income Tax Act. Learn about taxability, exemptions, and planning strategies.

Income Tax

Understanding Cryptocurrency Taxation in India: A Comprehensive Guide

Navigate cryptocurrency taxation in India with this comprehensive guide on classification, trading, mining, salary, GST, and reporting requirements.

Income Tax

Why Indian Businesses Are Moving to Dubai: Tax Benefits and Strategies

Indian businesses are relocating to Dubai for its favorable tax environment, advanced infrastructure, and potential savings, especially for HNIs.

Income Tax

Recent Income Tax Due Date Extensions: What Taxpayers Need to Know

Income tax due date extensions for AY 2019-20 and 2020-21 can ease taxpayer confusion amid financial challenges. Call for further extensions.

Income Tax

Understanding Search and Seizure under CRPC and Section 132(13)

Explore search and seizure laws under CRPC and Section 132 of the Income Tax Act, emphasizing natural justice, rights, and case laws.

Income Tax

CBDT Circular: Waiver of TDS/TCS Interest Penalties for Taxpayers

CBDT issues a circular waiving TDS/TCS interest penalties due to technical glitches, allowing taxpayers relief from undue charges.