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4 Major Changes in Income Tax after 1st April 2022 FY 2022-2023

4 Major Changes in Income Tax after 1st April 2022: FY 2022-2023

With the beginning of the new financial year FY 2022-2023, numerous rules and regulations have changed in respect of Income Tax. Some of…
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Definition of Persons under Income Tax Act 1961

Definition of Persons under Income Tax Act, 1961

Under Section 2 (31), 'Person' is an AOP or Association of Persons or BOI (Body of Individuals) or a Local Authority or an…
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Income Tax Deduction under section 80CCC in India

Income Tax Deduction under section 80CCC in India

Section 80CCC of the Income Tax Act of 1961 provides for deductions amounting to Rs. 1.5 lakhs per year for personal contributions to…
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Assessment of Non-Filers of Return

Section 62 of CGST- Assessment of Non-Filers of Return

Section 62 of Central Goods and Service Tax Act,2017, come into effect when a taxable person fails to file returns, as per requirements…
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