Darshana and Ganesh (name changed), our recently added income tax clients, took a ₹50 lakh education loan this year to send their daughter abroad for higher education. Mr. Ganesh
There are currently seven different ITR forms: ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. Each taxpayer must file their ITR every year before the due date, which is July
All the residents and ordinary resident of India as per income tax act, HUF, NRIs (specifically those who Returned to India and now resident), Foreign Citizens (OCIs, PIOs, Others)
Last week a client of ours called to understand a few things on taxation, out of them one of the queries was on year-end tax saving declaration & investments.
With increased access to information and technology, the income tax department has become more active in sending tax notices and intimations to taxpayers. Upon receiving these noti
Answer this question. Suppose you are being given an opportunity to travel to the moon and come back. To do this you have been allotted a Hi-tech Time travel machine whose initial
As a tax consultant we frequently deal with NRI clients on the topic of house property selling, it is with this knowledge, we have compiled & tried to answer here the top 10 fr
Why? Just why, people invest in dividend base funds, when instead they have the option to invest in growth? To check whether you have a dividend-based fund in your portfolio, look
A simple mathematical hack to find out few important numbers whenever you are investing. Rule of 72 is a quick way to find out how much time it will take to double your amoney or t