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…
We are in middle of Tax Filing season and so it would be a good idea to discuss Many benefits of filing Income Tax Return India 2021. Income Tax Filing in India is compulsory for individuals only when their taxable income is more than Rs…
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 2024. The 'assessment order' means computation of total income plus determination of tax. According to the assessee,…