Section 44AB of the Income Tax Act: Objectives, Applicability & Criteria

By |2021-06-30T05:23:19+00:00December 9th, 2020|Categories: Accounting|Tags: , , , , , , |

Section 44AB of the Income Tax Act imbibes in itself provisions regarding the tax audit under the Income Tax Audit. A tax audit is an analysis of a taxpayer’s accounts book. The analysis is conducted to make sure that the taxpayer has accurately maintained the books of accounts and other records. Apart from this, the book [...]

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Income Tax e-Filing

By |2021-01-06T07:47:37+00:00December 14th, 2018|Categories: Income Tax|Tags: , , , , , , , , , , , , , |

What is Income tax? Income tax is one of the most fundamental taxes any individual/business has to pay to the government on their income/profits. Income tax generated through the taxation system is directly contributed towards infrastructural development as well as towards payment of salaries of the central government employees. In this article, we will learn about income [...]

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