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Clause 44 of Tax Audit Report

Analysis of Clause 44 of Tax Audit Report in Form 3CD

The Tax Auditors and the assessee are both concerned about 'Clause 44' in the tax audit report in Form 3CD, which deals with…
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Section 80JJAA

All you need to know about Section 80JJAA

Entrepreneurs rejoice! Now save money by hiring! The Income Tax Act 1961 contains a provision under section 80JJAA to offer additional tax credits…
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Income Tax implications on Cash Transactions

Income Tax implications on Cash Transactions

In the Indian economy, cash transactions have always played a major role and serve as a consistent reason for the accumulation of black…
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Powers & Limitations of the Commissioner of Income Tax

Powers & Limitations of the Commissioner of Income Tax (Appeal)

For effective financial management, it is essential to understand the functioning, powers, and limitations of the powers of the tax authorities. This turns…
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