1. Basis for preparation of financial statements  The financial statements are prepared under historical cost convention, on accrual b...

The compliance under service tax provisions post Finance Bill 2012 may need clarity on 3 aspects which are discussed as under Small Service...

If an individual has already filed the income tax return and subsequently discover any omission or wrong statement therein, he can re-file ...

Tax saving options for NRIs:- When it comes to NRIs they do not have as much tax saving options open to them as the Resident Indians do. H...

Due to rush hour Reserve Bank  of India has made special arrangement to deposit  Tax Payment  on 30, 31 March 2012 at Mumbai and Navi Mumba...

After Budget-12, the Income Tax Department has published Online Tax Calculation  Software  on their portal.  This calculator calculate Tax ...

Income Tax Department facilitates a PAN holder to view its Tax Credit Statement (Form 26AS) online. Form 26AS contains Details of tax dedu...