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Income Tax

A Guide for Income Tax Return Filing in Mumbai

In India, the Income Tax Department is responsible for collecting taxes from residents and foreigners earning income in India. The Income Tax Department also collects

Income Tax

Don’t Be in a Hurry to File Your ITR Before June 2022

This year, the Government live the Income Tax Return Filing forms well before the due date, which need to be uploaded before 31st July for

GST

Recommendations of GST Council are only recommendatory and not binding on Union and State: Supreme Court

The Supreme Court has ruled that the central government and states have equal powers to legislate on the Goods and Service Tax (GST). As a result, the

Donation

Reporting of Statement of Donation Form 10BD

Previously, there were no full proof mechanism with the Income Tax Department to cross verify each and every claim under 80G taken by the donor