Income tax: what is it? Every person's income is subject to this tax, which is imposed by the Indian government. The Income Tax Act, 1961 contains the rules controlling income…
Addition made by Income Tax Officer was not sustainable merely on the basis of entries in bank account maintained with HSBC Bank, Geneva, Switzerland ITO Vs. Alkesh Pratap Chandra Bhansali…
Finance Act 2022 inserted a new section 194R in the Income-tax Act, 1961 (hereinafter referred to as "the Act") with effect from 1 st July 2022. 2. The new section…