Benefits of Filing your Income Tax Return on time
Under Income Tax Act if your total income exceeds the basic exemption limit: You have to file the In...
Best Practice to deal with an Income Tax notice
Any communication from the Income Tax department, especially receiving a notice from them, can send ...
Before filing Income Tax Return – 25 important points
It’s time to file income tax return and you must be preparing for the same. Before you go ahead an...
What to do if you have failed to pay advance tax?
The income tax return filing season in on. The government believes in the philosophy of “Pay as yo...
Expatriates who are ‘residents’ don’t have to disclose non-earning foreign assets
The income tax act of India requires that an income tax return must be filed in India for any income...
Treatment of Defective income tax returns
Once you file your income tax return, it is checked, assessed and processed by the income tax depart...
Form 10F in word Format – Required in case of foreign remittance in Form 15CA
Income Tax Department was amended Income Tax Rules 2013 and this is eleventh amendment rul...
Indian Assessee having assets in overseas needs to report it in Income Tax Return
An Indian who has assets located outside India is required to report those assets in his Indian tax ...
Documents needed for e-filing your income tax return
The first step to e-filing your income tax return should begin with having all the necessary documen...
Tax Planning for Salaried and Individual People
The general perception when it comes to salaried employees is that there isn’t much scope for savi...