Which ITR Should a Company File in India?
Filing your business tax return in India can seem complicated, especially with various ITR forms available. This guide simplifies the process by explaining business ITR (Income Tax Return) forms and…
What is Income Tax Notice for High-Value Transactions
This blog will help clarify high-value transactions from an income tax perspective. We'll start by explaining what constitutes a high-value transaction. Then we'll look at how the tax department identifies…
Old vs New Tax Regime for FY 2022-23 (AY 2023-24)
Introduction The Indian tax regime has experienced substantial changes in recent years, most notably with the implementation of the New Tax Regime in the Union Budget 2020. These changes have…
Income Tax Intimation under Section 143(1)(a)
If you have filed an income tax return, the income tax department will issue an intimation under Section 143(1)a to intimate you about the return filed by you and whether…
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