As the financial year draws to a close, it’s time for salaried individuals to start planning their taxes. One of the most effective ways to save on income tax is by using Section 80C of the Income Tax Act. This section will allow you to claim …
Direct Tax Collections for F.Y. 2022-23 at ₹15.67 lakh crore – 24.09% higher than gross collections for corresponding period of last year as on 10.02.2023 Direct Tax collection, net of refunds, stands at ₹12.98 lakh crore – 18.40% higher than net collections for corresponding period of …
Judgment:- The Delhi High Court held that the notices issued in the name of dead persons are void, and all consequent Assessment Orders are liable to be quashed. Facts of the case:- The petitioner, Sripathi Subbaraya Manohara, legal heir of Late Sripathi Subbaraya Gupta has challenged …
