Direct Tax
Taxation of crypto currency was a very debatable and confusing topic until the hon'ble finance minister Smt. Nirmala Sitharaman while presenting the Finance Bill, 2022 on 1st February, 2022 [...]
Fixed deposits (FDs) being the most popular investment instrument and is also a safe investment option with guaranteed returns among the investors in India. However, interest on FDs [...]
Every year a salaried individual having income exceeding the maximum limit of income exempted from income tax is required to file an Income Tax return to furnish the [...]
Service of a Notice under Section 142 (1) of the Income Tax Act, 1961 can be served only for the purpose of making an assessment under the Income [...]
Income Tax Return is a document an individual is required to file with the Income Tax Department on a yearly basis. However, it is not mandatory for everyone [...]
PAN card has multiple uses. It used in executing monetary transactions, tracking monetary transactions and as identity card. Thus, it is used often. With continuous usage, the card [...]
What is PAN? PAN stands for Permanent Account Number. It is a ten-digit alphanumeric number, issued in the form of a laminated card, by the Income Tax Department, to any [...]
