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Today we shall discuss about Capital Gains from Unlisted Shares India 2021. One of the clients was in possession of unlisted shares. He sold these unlisted shares and invested entire proceeds in buying his first ever residential property. His query was what kind of tax…
Most people dread about receiving Income Tax Notices and are in state of Panic when they receive one. Today we shall focus on Income Tax Notices and Assessment Proceedings India 2021. The 'assessment order' means computation of total income plus determination of tax. According to the assessee, 'assessment'…
Today we will discuss how one should go about to respond to Notice under section 148 of Income Tax Act India? Notice under section 148 can be issued within 4 years from the end of relevant assessment year if the income escaped does not exceed…