Income Tax

TDS on payments made to non-residents is always a difficult matter. The income tax regulations for residents and non-residents (NRIs) […]

Many salaried and retiring taxpayers have filed their Income Tax Return (ITR) and are obliged to make certain mistakes due

All losses incurred as a result of exempted sources of income cannot be set off against taxable income. If an income

Too many concerns surround the topic of NRO to NRE Fund Transfer, adding to NRIs’ concern. The notion of NRO

The government has introduced a presumptive taxation scheme under section 44AD of the Income Tax Act to assist minor taxpayers.

In today’s environment, doing business has changed to the point where concentrating and focusing on one area is no longer

Every assessee who earns more than the basic exemption limit in a Fiscal Year (FY) is to file a statement

In India, agriculture is the most common occupation. For India’s enormous rural population, it is frequently their only source of

Any entity making a payment to a third party must deduct tax at the source and deposit the funds with

If the Assessment Officer (AO) discovers cash receipts or cash deposits in the assessee’s bank account and the assessee is

A tax is a government-imposed contribution to a state’s revenue that is levied on employees’ wages and business profits or

A dividend is a payment by a corporation to its shareholders from its profits. A dividend distribution tax was a