Income Tax

The Income-tax Act of 1961 has been the backbone of India’s tax system for more than six decades. Over the years, countless amendments, notifications, and clarifications transformed it into a massive legal labyrinth with over 800 sections and 100,000+ words. Taxpayers, accountants, and even tax officers often struggled to keep up, leading to widespread confusion, […]

Income tax payment discrepancies can be stressful, especially when they come unexpectedly. Whether due to clerical errors, mismatched data, or overlooked payments, it’s essential to address them promptly. If not resolved, they can lead to interest charges, penalties, or even legal notices. Here’s a detailed guide to help you understand how to resolve tax discrepancies

Missing the income tax filing deadline can be a stressful experience. Whether it’s due to procrastination, unexpected personal issues, or confusion about the process, filing late can lead to penalties, interest charges, and even legal complications. However, the situation is far from hopeless. If you’ve missed the deadline, the key is to act quickly and