Reason Income Tax Notice now

Sanjay/ April 8, 2023/ Income Tax

1. Section 139(9): Defective Income Tax Return If assessing Officer is of the opinion that ITR filed by the you is defective. The assessee is given an opportunity to respond within 15 days from the date of intimation or…

New Income Tax Rules w.e.f 1st April 2023

Sanjay/ April 7, 2023/ Income Tax

The Government has made some new rules which are applicable from 1st April 2023 i.e from the new financial year which are described below: The above said article is on the basis information gathered through various online sources, please…

TDS on Property Buy/SELL

Sanjay/ March 22, 2023/ Income Tax

The Income Tax Act– Section 194IA Any person (i.e. Individual, HUF, Partnership firm including LLP, AOP, BOI, Company, Local authority, Artificial Juridical person) being a transferee of immovable property, other than the agricultural land, responsible for making payment to…