Section 119A of the Income Tax Act introduces a Taxpayer's Charter to reinforce transparency, efficiency, and fairness in India’s tax administration. The Taxpayer's Charter, empowered by the Central Board of…
Introduction Section 119 of the Income Tax Act empowers the Central Board of Direct Taxes (CBDT) to issue instructions, orders, and directions to tax authorities to ensure the effective administration…
In the world of Indian commerce, especially among traditional business communities, the concept of a hundi is a familiar one. However, in recent decades, the Indian government has imposed stricter…
When it comes to managing employee welfare funds, employers must navigate various sections of the Income Tax Act, 1961, to ensure compliance and maximize tax benefits. One of the key…
The Indian government has proposed a significant amendment to Section 139AA of the Income Tax Act, 1961, which is set to discontinue the option of quoting the Aadhaar Enrolment ID…