Caution to take while doing cash transaction from Income Tax perspective (આવકવેરાના દ્રષ્ટિકોણથી રોકડ વ્યવહાર કરતી વખતે લેવાની સાવચેતી)
Caution to take while doing cash transaction from Income Tax perspective આવકવેરાના દ્રષ્ટિકોણથી રોકડ વ્યવહાર કરતી વખતે લેવાની સાવચેતી Section Cash Transaction Nature To whom Applicable Threshold limit (Per Transaction) Effect (If transaction is above threshold limit) 40A(3) Payment for…
Now Income Tax Return can not file if Aadhaar not linked with PAN
Income tax department has clearly mentioned in press release that w.e.f. 01.04.2019, it is mandatory to quote and link Aadhaar number while filing the Income Tax Return. Click here to check PAN Aadhaar link status Click here…
Income Tax – Gift – as a tool of tax saving
Income Tax - Gift - as a tool of tax saving When you use gift as a tool to save the income tax, then you need to be very careful. If you make any mistake in understanding the provision, then...
Read more
