As most of us are aware, the present government has come to power on agenda of development and controlling black money. Hence, budget proposal is expected to focus on higher economic growth and eradicating corruption. Modi Government has identified and started working on key initiatives of “Make in India” and ...

One of the common mistakes made by tax payers while filing tax return is not reporting certain types of income. Non-reporting of exempt income, bank interest income or income from previous employer can not only invite penalty, but also a notice from the Income Tax department.

Filing Tax return: Commonly ...