Central Government has recently proposed a foreign asset disclosure scheme as a one‑time amnesty window vide the Finance Bill 2026 (referred to as the Foreign Assets…
From AY 2026-27 onwards, for assessee opting for New Tax Regime, limit of total income for rebate, on which Income Tax is payable as per…
From AY 2026-27 onwards, for assessee opting for New Tax Regime, limit of total income for rebate, on which Income Tax is payable as per…
Section 271(1)(c) of Income Tax Act, 1961 empowers an Assessing Officer to impose penalty if he is satisfied that any person has concealed the particulars…
