Income Tax Notice Under Section 142(1) of the Income Tax Act
Income Tax Notice Under Section 142(1) of the Income Tax Act Once you complete the e-filing of your income tax return, the Income Tax Department begins the process of assessment.…
Income Tax Notice Under Section 142(1) of the Income Tax Act Once you complete the e-filing of your income tax return, the Income Tax Department begins the process of assessment.…
Section 115BAA, introduced with effect from FY 2019-20, allows domestic companies to opt for a lower tax rate. Under this provision, companies can pay tax at 22%, along with a…
Taxation of Foreign Source Income Foreign source income refers to earnings that originate from a country outside India. For residents of India, such income is fully taxable, while for non-residents,…
Understanding Capital Bonds: A Complete Guide to 54EC Bonds for Indian Investors Indian investors generally seek opportunities that not only generate returns but also provide tax-saving benefits. One such option…
The Hidden Value of Startup Consultants: How We Help You Secure Funding, Build Teams, and Scale With rising economical development, start-ups in India are booming. A sharp rise can be…
Beginning a business is exciting! Isn't it? However, before diving deep into the operations, it is important to register your company. Company registration is the most important task that one…
Section 54 of the Income Tax Act – Capital Gains Exemption on Sale of Residential Property Section 54 of the Income Tax Act allows taxpayers to claim exemption from long-term…
Received an Income Tax Notice? Here’s What You Should Do! In recent times, the Income Tax Department has been sending a large number of notices to taxpayers due to the…
The Ultimate Guide to Choosing The Right Startup Advisory ServicesDo you know that starting a business is exciting as well as full of challenges?Many new startups some up with unique…
Do you own a business in India?Are you dreaming to expand your business overseas?Expanding a business beyond local borders is a big dream of almost every entrepreneur. Starting an import-export…
A rebate is a tax benefit given to resident individuals whose income falls within a specified limit. Section 87A of the Income Tax Act offers this relief to taxpayers in…
If you missed the deadline for filing your income tax return, don’t worry — you can still file it later as a belated return. While this option comes with a…
The introduction of GST has transformed the way exports are handled in India by creating a more transparent and simplified tax structure. Under GST, exports are categorized as zero-rated supplies,…
In recent times, the Income Tax Department has been sending a large number of notices to taxpayers due to the increased digitalization of return filing and tax payments. With faster…