Tenant is a person who acquires possession of a property in lieu of paying rent to the owner of the […]
Clubbing of Income
One of the most relevant issue in computing total income of an individual is clubbing of income. Clubbing of income […]
Section 44AB – Tax Audit
Tax Audit is required to be conducted by certain persons carrying on business or profession. The related provisions are provided […]
Penalty for default in filing return of income
The penalty provision for failure to file ITR within the time limit given in section 139(1) of Income Tax Act, […]
Belated Return and Revised Return
The provisions of belated return is given under section 139(4) and that of revised return in 139(5). As per section […]
What is ITR ?
What is ITR? An Income tax return (ITR) is a form used to file information about your income and tax […]
GST on GTA Services
From the introduction of gst law in India, GST on GTA services hs remained a crucial issue. Through various notifications, […]
