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Background Sections 80G(5) and section 35(1A) of the Income-tax Act, 1961 (hereinafter referred to as the Act) requires furnishing of statement of...

by CA Vijaykumar Puri

May 29, 2022

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Income Tax, Personal Finance, Investments

The HUF Magic - Legally save lakhs of rupees in taxes

Going old school works. Clients approach their Chartered Accountants (like us) to save taxes. And CAs like us advise clients to form...

by CA Vijaykumar Puri

May 5, 2022

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Income Tax, Personal Finance, Regulatory

E-Dispute Resolution Scheme - Income Tax - All you need to know

On 5 April 2022, the Central Board Of Direct Taxes (CBDT) issued the e-Dispute Resolution Scheme, 2022 by the Dispute Resolution Committee...

by CA Vijaykumar Puri

Apr 7, 2022

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Personal Finance, Regulatory, DIGITAL TRANSACTIONS

How to pay using UPI123Pay - Everything to know

The Reserve Bank of India (RBI) has launched Unified Payments Interface (UPI) service for feature phones called UPI123Pay. At present, efficient access...

by CA Vijaykumar Puri

Mar 17, 2022

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Income Tax, Investments, ABC OF MONEY MANAGEMENT

Personal finances tasks for March

Because the month of March 2022 has already begun, Indian citizens must complete a number of financial responsibilities by the conclusion of...

by CA Vijaykumar Puri

Mar 16, 2022

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Income Tax, International Tax, Personal Finance

All about Advance taxes under Indian Income Tax law

Every citizen of India is liable to pay tax if their income comes under the Income Tax bracket. The government depends mainly...

by CA Vijaykumar Puri

Mar 9, 2022