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

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, […]

By |2021-06-30T05:23:19+05:30December 9th, 2020|Accounting|

Income Tax e-Filing

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, […]

By |2021-01-06T07:47:37+05:30December 14th, 2018|Income Tax|
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