Linking Aadhaar card to your PAN card on the Income Tax website offers various benefits, including:
Easier e-filing of returns: You can file your income tax...
Starting from April 1, 2024 (AY 2024-25), Section 43B(h) of the Income Tax Act introduces significant changes concerning expenses related to purchases or services from Micro and Small Enterprises (MSMEs)....
1. Notice under Section 139(9):
Purpose:
Section 139(9) empowers the Assessing Officer (AO) to issue a notice when there is an error apparent on the face...
Income from Other Sources:
CA Devesh Thakur
Income from Other Sources is a broad category in the Income Tax Act that includes any income not covered...
CA Devesh Thakur
Income from house property
This topic is governed by Sections 22 to 27 of the Income Tax Act.
Annual Value of Property (Section 22)
The...