We have been hearing about Faceless scrutiny for many years now and we have also read about it but never ...

Earning income by Renting out the property is a major source of income for many individuals in India and many ...

The parameters for manual selection of returns for Complete Scrutiny during financial year 2019- 20 are as under.- (i) Cases involving ...

In the recent times many people have started trading in intra day and future & options and the volume of ...

After the budget announcement was made by Shri Piyush Goyal on 1st February 2019, many people were confused that do ...

GST Registration for freelancers in India: Before starting with the tax filing let's first understand who is a freelancer, and ...

Depreciation rate used for section 32 of the Income Tax act is as follows: Depreciation in Income tax is to ...

Before 4-5 years people used to receive notices from Income Tax Department via and post and from past 4-5 years ...

In the budget Speech it was announced by our Finance minister that now people can quote their Aadhar number in ...

Section 115QA was inserted by Finance Act 2013 to deal with buy back of securities but it only covered unlisted ...

CBIC in its recent notification no. 38/2019 under CGST notification waived the requirement to file ITC - 04 for FY ...

Update: On October 15, 2019 the following clarification was provided by CBDT: Using the power provided in clause (v) of ...

With Budget 2019 only two major amendments were made with regard to TDS: Under section 194A the limit for TDS ...

Goods and Services Tax (GST) is an indirect tax (or consumption tax) used in India on the supply of goods and services. It is a comprehensive, multistage, ...

Let’s discuss who can file ITR 1 and 4 and who cannot. Before starting with the details one must also ...