A large investment in an insurance policy can attract the attention of the Income Tax Department if the taxpayer cannot satisfactorily explain where the money…

Dividend delights everyone, but it also comes with a disclaimer of taxation. When a company distributes a portion of its profit among shareholders, the dividend…

The Income Tax Department’s decision to extend two key tax compliance deadlines gives taxpayers and professionals handling audited accounts an additional 21 days to complete…

Tax audit deadline nears: Check books, GST, Form 26AS, AIS, TDS, expenses and unusual transactions, and ensure figures in the audit report match the ITR…

If you have switched jobs during the financial year, you will receive a Form 16 from each employer. Each certificate will show only the salary…

The accounting profession does not often witness changes in financial statement presentation that have the potential to affect virtually every reporting entity. The proposed introduction…

ITR Fiing: The Income Tax Return (ITR) filing season is all set to begin and taxpayers are already preparing to file their ITR early in…

For many salaried employees, Form 16 is the starting point of ITR filing. But before you file your return, have you checked whether your PAN,…

Pursuant to the implementation of The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety,…