top of page
One stop for everything related to taxes,
Our Blogs
The latest industry news, interviews, and resources
Daily GPay Transaction Limit in India: How Much Can You Transfer in 2025
Google Pay (GPay) is acclaimed for the smooth transactions it facilitates as digital payments continue to gain pace in India. For people...

PRITI SIRDESHMUKH
Sep 87 min read
Â
Â
Â
What Assisted Filing Covers That DIY Doesn’t
Filing your Income Tax Return (ITR) is a crucial annual task for taxpayers in India, but the process can seem daunting, especially for...

Asharam Swain
Sep 19 min read
Â
Â
Â
Filing ITR Under Section 44AB for Businesses: How to Handle Tax Audits and Avoid Penalties
Section 44AB of the Income Tax Act, 1961 , mandates that certain businesses and professionals get their financial accounts audited by a...

Asharam Swain
Jul 109 min read
Â
Â
Â
Understanding the Role of Tax Audits Under Section 44AB and How They Affect Your Tax Filing
A tax audit under Section 44AB of the Income Tax Act is an essential process that ensures compliance with tax laws for businesses and...

Rajesh Kumar Kar
May 229 min read
Â
Â
Â
Impact of Advance Tax Payments on Your ITR Filing and How to Avoid Missed Tax Penalties
Filing your Income Tax Return (ITR) as a freelancer or professional can be a complex task, particularly when it comes to choosing the...

Dipali Waghmode
May 209 min read
Â
Â
Â
Handling Income Tax Notices Under Section 142(2A): The Role of Tax Audits and Discrepancies After ITR Filing
Section 142(2A) of the Income Tax Act is a crucial provision that grants the Assessing Officer (AO) the authority to order an audit of an...

Rashmita Choudhary
May 199 min read
Â
Â
Â


Residential Status Under Section 6 Of Income Tax Act
The residential status of a taxpayer is a crucial factor in determining their tax liability in India. Under Section 6 of the Income Tax...

PRITI SIRDESHMUKH
May 149 min read
Â
Â
Â


Additional Depreciation: A Comprehensive Guide for Businesses in India
Additional depreciation is a tax deduction that allows businesses to claim an extra percentage of depreciation on top of the regular...

PRITI SIRDESHMUKH
May 148 min read
Â
Â
Â


Balance Sheet: Understanding the Importance, Format, Components, and More
A balance sheet is defined as a type of financial statement that determines the assets and liabilities of a business as of a specific...

Asharam Swain
May 1410 min read
Â
Â
Â


Section 43B of Income Tax Act: Deductions on Actual Payments Basis
Section 43B of the Income Tax Act plays a crucial role in regulating how businesses claim deductions for certain expenses, such as...

Rashmita Choudhary
May 1410 min read
Â
Â
Â
bottom of page