DAP does not consider past I-T returns to match a taxpayer's resources with their expenditures or investments, points out Harsh Roongta. Illustration: Dominic Xavier/Rediff.com My friend Milind......
The life insurance industry does not have a good track record when it comes to passing on tax benefits to policyholders, points out Harsh Roongta. Illustration: Dominic Xavier/Rediff.com In......
'Tax officials view most taxpayers as evaders.''The I-T department has a perverse incentive to raise unreasonable demands since the one-fifth tax collected counts towards officials' collection......
The best solution would be the one followed in 2018 -- allow cost indexation until March 31, 2024 -- but exit at any time.The second-best alternative would be to allow time until March 31, 2025 for......
As these forms are quite elaborate, their early notification will give assessees more time to get the documentation and paperwork ready, and hence make complete disclosures while filing their......