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Buggy Income Tax Portal Levies Late Fees Despite Extension India 2021. The New IT (Income Tax) Portal launched is June is very buggy and ridden with issues. I have written about it in my previous article Issues with New Income Tax Portal. Infosys has been…
The intent of Government is always to make a simple law but sometimes the results are just the opposite. The same happens when an NRI claims the deduction on interest income. Lets see Implications of Section 80TTA for NRI - India 2024. For a resident,…
Today, I will discuss about a case which revolved around on Taxation of Gifts in India 2024. One of my clients reached out to me with the following query - I want to gift 5 lakhs from my tax paid income to my younger brother…