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The income tax department has enabled online forms for ITR-1, ITR-2, and ITR-4, among others, with pre-filled data
The financial benefits for non-resident Indians become apparent when they earn in foreign currencies and convert them to Indian rupees to invest and save, leading to significant growth in rupee terms.
Experts believe that the latest amendments regarding angel tax would impact Series A to Series D startups, making the funding winter grimmer
As per the guidelines, tax officers will have to send a notice under section 143(2) of the I-T Act by June 30 to the assessee regarding discrepancies in income