Wed, Dec 26, 2018
2018 is about to end. You may still have a lot of unfinished resolutions. Some of them, you may still commit to in the New Year. However, there are some financial works that can't wait.
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Fri, Dec 14, 2018
It further cautioned the taxpayers to beware of fake refund messages claiming to be from the IT department, saying "We will never ask for your debit card details or CVV number to process your refund." The message in very clear terms has asked people never take up such calls and never click at the messages which seek details related to their debit card.
Tue, Oct 30, 2018
During the course of assessment, the tax officer scrutinised both returns and accepted the revised return. However, during the course of audits conducted by the I-T department on assessments by tax officers, it was observed that in this case, the tax officer had made an error by accepting the revised return. The audit objection noted that the taxpayer is an HUF and not an individual.
Wed, May 17, 2017
Presumptive Taxation involves the use of indirect methods to compute tax liability, where the taxable income is calculated based on assumptions instead of actuals.
Tue, Apr 25, 2017
With the end of the financial year, the process to file tax return has been started. The salaried class people must have already started the process by downloading the necessary forms from the official income tax department website.
Mon, Aug 08, 2016
Avoiding long queues of filing income tax returns, the e-filing of income tax made it possible to garner more taxpayers online.
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