With the concept of “pay as you earn”, Government of India has provided for payment of advance Tax under the Income tax Act. Tax shall become payable in advance during
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Effectice last couple of Assessment years the assessees are given an option to choose between Old regime and New regime of Income tax. The option is inter changible and can
It has been Indian culture to care for and respect the older generation (unlike in the present day practice of dumping them in an old age home). Government of India
Recently there has been news of bogus claims of IT refunds to the tune of 48 crores and few so called consultants were arrested. It came in the news that