Consequences of defective income tax return: The mere mention of an Income Tax Notice rings an alarm bell for many…

Consequences of defective income tax return: The mere mention of an Income Tax Notice rings an alarm bell for many…
In the second quarter of the current fiscal year, the Center’s advance direct tax collections increased by roughly 22% year…
Moonlighting has recently gained popularity. IT behemoths like Infosys, TCS, and Wipro have informed their staff that variable compensation will…
If you scheduled your taxes for the new tax system but failed to file your income tax returns (ITR) by…
The Delhi government saw an increase in GST revenue in the first quarter of FY23. The state’s GST income rose…
The concept of advance tax is based on pay-as-you-earn, which implies that the tax must be paid in advance in…
Following the Supreme Court’s judgment, the Central Board of Indirect Taxes and Customs (CBIC) issued a circular reopening the window…
The National Informatics Center (NIC) posted an update on the e-way bill webpage on September 12, 2022, about the creation…
Organizations frequently risk losing tax credits (i.e., TDS and TCS) owing to a lack of regular reconciliation between books of…
Businesses that were unable to claim tax credits for taxes paid before the implementation of the goods and services tax…