Tax Compliance

The Side-Hustle Tax Guide: Student Entrepreneur Edition

Introduction As a student entrepreneur in India, running a side hustle can be an exciting way to earn extra income and gain valuable business experience. However, it's important to understand the tax implications of your...

Anatomy of a Tax Scrutiny: Real Cases, Real Lessons

In the labyrinth of Indian taxation, tax scrutiny stands as a defining moment for businesses and individuals alike. Through the lens of real-world cases, we unravel the intricate process of tax scrutiny, offering invaluable...

Taxpayer’s Delight: Clearing Small Demands, Easing Burdens!

On 1st February 2024, Finance Minister Nirmala Sitharaman announced during the interim budget the waiver of small outstanding demand under the Income Tax Act, 1961, Wealth Tax Act, 1957 or Gift Tax Act, 1958. The Income Tax department...

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