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How to reply to Income Tax Notice u/s 142 (1)

Crypto Income Tax Notice | Income Tax Notice u/s 142 (1)| Cryptocurrency CA | Income Tax Notice u/s 148A

Notices are issued by the income tax department under the various provisions of the Income Tax Act to the assesses with the purpose to assure greater tax compliances. You may benefit by reading this article on Types of Income Tax Notices a person may receive…

Can Indian Government Ban P2P trading?

This is purely a hypothetical question - Can Indian Government Ban P2P trading? Is it possible technically? If they do, then how they can enforce the ban? P2P trading is a type of cryptocurrency exchange method that allows traders to trade directly with one another…

ITR-U Return in India - For Those Who Missed the ITR Due Date

Filing ITR-U Return in India: Benefits, Process and Additional Income Tax Payable – Last Resort For Those Who Missed the ITR Due Date INTRODUCTION In India, the government has introduced the concept of updated returns in the Union Budget 2022 to benefit taxpayers who have…