For the purpose of income tax in India, the income tax laws in India classifies taxable persons as: a. A resident b. A resident not ordinari

This provision has been made applicable from 1st October 2020. TCS shall be applicable where the seller receives any amount as consideration

It contains various important information related to taxpayers, inter-alia, credit card, cash transactions, details of tax deducted/collecte

If you have filed your income tax return (ITR) online in the last file years but not completed the filing process by authenticating either e

Extension of various time limits under Direct Tax & Benami laws: CBDT has issued Notification No 35/2020 [S.O. 2033(E)] dated 24th June, 202

This article discusses Meaning/ Structure/ Relevance of TAN, Persons liable to apply for TAN/ Consequences of not quoting TAN/ Procedure to

Notice from Income Tax Department – Reasons and How to avoid it?

This was clarified by the Central Board of Direct Taxes (CBDT) in a circular. The circular addressed the issue of tax deduction at source...