Inoperative PAN Status of NRIs: Non-linking of Aadhar with PAN

20 Dec, 2024

Inoperative PAN Status of NRIs: Non-linkin...

As financial regulations tighten, many Non-Resident Indians (NRIs) are finding themselves in a challenging situation wh...

CBDT Launches Campaign to Address Income and Transaction Mismatches for the FY 2023-24 & 2021-22.

19 Dec, 2024

CBDT Launches Campaign to Address Income a...

The Ministry of Finance, through the Central Board of Direct Taxes (CBDT), has announced a significant initiative a...

Difficulties in Obtaining GST Registration

19 Dec, 2024

Difficulties in Obtaining GST Registration

The Goods and Services Tax (GST) registration is a crucial step for businesses operating in India, as it establishe...

Guide for NRIs Selling Property in India: Addressing Common Doubts and Taxation Queries

5 Dec, 2024

Guide for NRIs Selling Property in India: ...

In today's dynamic financial landscape, NRIs (Non-Resident Indians) holding property in India often face numerous doubt...

Significance of Disclosing Foreign Company ESOPs and Foreign Assets

3 Dec, 2024

Significance of Disclosing Foreign Company...

With the globalization of companies and the rise of startup culture, businesses are finding innovative ways to reward t...

Reopening u/s 147 based merely on the AIR  information liable to be quashed

2 Dec, 2024

Reopening u/s 147 based merely on the AIR ...

In a recent judgment, the Income Tax Appellate Tribunal (ITAT) in Delhi, quashed the reopening of an assessment un...

Allotment letter issued by Builder constitutes an agreement under Income tax act

2 Dec, 2024

Allotment letter issued by Builder constit...

Background of the Case The assessee filed his income tax return on 31st August 2015, declaring a total income of...

Gifting of Immovable Property in India to NRIs

2 Dec, 2024

Gifting of Immovable Property in India to ...

Transfer of immovable property has always been a hot topic, encompassing various methods such as sale, gift, relinq...

Importance of Reporting Foreign Assets in Your ITR: Lessons from the Current Tax Information Exchange System

23 Nov, 2024

Importance of Reporting Foreign Assets in ...

In recent years, the global tax landscape has changed dramatically, especially with the introduction of robust info...

GST ASMT-10 Notices: The Growing Wave of Investigations on Input Tax Credit Mismatches for FY 2020-21

23 Nov, 2024

GST ASMT-10 Notices: The Growing Wave of I...

The Goods and Services Tax (GST) framework has always emphasized compliance, transparency, and accountability. Rece...

Important Advisory on GSTR-2B and IMS

18 Nov, 2024

Important Advisory on GSTR-2B and IMS

Date: November 16, 2024 The GST Network (GSTN) has issued an advisory to address concerns raised by some taxpayers r...

CBDT Launches Campaign to Help Taxpayers Report Foreign Assets for AY 2024-25

18 Nov, 2024

CBDT Launches Campaign to Help Taxpayers R...

The Central Board of Direct Taxes (CBDT) has introduced a special campaign to help taxpayers correctly report their for...

Mandatory Income Tax Return Filing Beyond Basic Income Thresholds

17 Jun, 2024

Mandatory Income Tax Return Filing Beyond ...

In the era of income tax regulations in India, filing one's tax return is not always contingent solely upon surpassing ...

Income Tax on PPF Interest

17 Jun, 2024

Income Tax on PPF Interest

Public Provident Fund (PPF) is a popular long-term investment option in India, known for its safety, attractive interes...

Senior Citizens are not required to ITR in these conditions

17 Jun, 2024

Senior Citizens are not required to ITR in...

In the realm of income taxation in India, age plays a significant role in determining the status and applicable rules f...

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