High volume of Income Tax Return filings on the deadline day FY 2023-24 High volume of Income Tax Return filings on the deadline day indicates a significant rush among taxpayers… Read More
RBI Guidelines on Roles & Responsibilities on Statutory Suditors in wilful defaulters case The Reserve Bank of India Circular on "Master Direction on Wilful Defaulters and Large Borrowers" dated 30.7.2024 outlines… Read More
Frequently asked questions on Financial Intelligence Unit - India (FIU-IND) Reporting on FINGate 2.0 Portal Here are the frequently asked questions related to Financial Intelligence Unit - India reporting on the FINGate 2.0… Read More
If you fail to file ITR before 31 July, can result in consequences FY 2023-24 Missing the ITR filing deadline of 31 July can indeed have significant consequences for taxpayers… Read More
Big Blow to Crypto Industry as WazirX Falls Victim to $235 Million Hack Mumbai-based crypto exchange WazirX has reportedly lost approximately $230 million due to a hack. The breach was… Read More
Overview on Income tax scrutiny under section 143(2) Notices When the Income Tax Department finds discrepancies, whether minor or major, in your income tax returns, a notice is issued under… Read More
How to Find a Company’s GST Number Using Their Name: A Step-by-Step Guide Introduction Goods and Services Tax (GST) is a significant tax reform in India that has streamlined the… Read More
Key Highlights of Budget 2024 by Nirmala Sitharaman Budget 2024 is designed to support economic growth, employment, and development across various sectors with a strong focus on infrastructure, youth, and… Read More
Guidelines to File Schedule AL (Assets and Liabilities) Declaration in ITR The proliferation of black money poses significant challenges to economies worldwide. Governments continuously introduce new regulations aimed at curbing… Read More
Navigating Complex Taxation of Rental Income for Indian Landlords Rental income can be a significant source of revenue for property owners in India. However, understanding the tax implications associated with… Read More