Best income tax e-filing portal in India Worried about the complexities of tax filing? Just share your details and our tax experts will do it for you!

“What Happens If You Skip a Tax Audit Under Complete Section 44AB?”

Introduction Section 44AB of the Income Tax Act, 1961 mandates a tax audit for businesses and professionals who meet specific turnover or gross receipt thresholds. This provision ensures accurate financial reporting and compliance with tax regulations. Non-compliance with Section

“Tax Complete Guide for Non-Speculative Income from Derivatives”

Introduction Derivatives trading has become a common form of investment, but its taxation often raises questions for traders. Under Section 43(5) of the Income Tax Act, 1961, derivatives transactions executed on recognized stock exchanges are classified as non-speculative transactions,