Associate TG
Can Husband and Wife Club Income Tax Liability and File a Single ITR in India? Can Husband and Wife Club Income Tax Liability and File a Single ITR in India? In India, the concept of joint taxation, as seen in countries like the United States, is not recognized under the Income Tax Act, 1961. Can … Read more
How to File Updated ITR-U Returns How to File Updated ITR-U Returns Filing Income Tax Returns (ITR) is a crucial responsibility for all taxpayers. However, there are situations when taxpayers miss the filing deadline or need to correct errors in previously filed returns. To address this, the Income Tax Department introduced the concept of an … Read more
Why Do You Receive Income Tax Notices? Why Do You Receive Income Tax Notices? Receiving an income tax notice can be a stressful experience for many taxpayers. However, it’s essential to understand that these notices are often issued due to specific discrepancies or procedural requirements. Addressing these notices promptly and accurately can save you from … Read more
Waiver Scheme Under Section 128A Introduction Waiver Scheme Under Section 128A The Government has introduced a Waiver Scheme under Section 128A, providing significant relief to taxpayers by allowing them to waive specific tax liabilities under certain conditions. This scheme is particularly beneficial for resolving tax disputes efficiently and reducing pending litigations. On December 29, 2024, … Read more
Income Tax Notice Fraud Receiving an income tax notice can be stressful, but the situation becomes even more complicated if the notice is fraudulent. With increasing cases of scam notices, it’s essential to know how to distinguish between genuine and fake income tax notices. This blog will guide you through the process of identifying, verifying, … Read more
