Tax planning holds immense significance in financial management, particularly for Crypto Professional & Investors. Going solo without seeking advice can lead to missed opportunities for tax savings, expensive penalties, and legal ramifications. Cryptocurrencies in India are categorized as virtual digital assets (VDAs) and are subject…
During this season on ITR Filing, one must be careful and not claim any fake deductions. In this age of digital era, with Income Tax Department equipped with a robust IT infrastructure and AI/ML tools, the ability to detect fraudulent deductions has become very easy.
Today we will discuss the Ten Things to do before 31st March 2024 India for Tax Saving and Compliance. This is applicable for both Individuals and Businesses. Investing in order to save on taxes is always a wise decision. There are various types of investments…