Author Archives: Prashant Thakur

Deemed Income from House Property: Self-Occupied vs Let-Out Property

Deemed income house property self occupied provisions under the Income Tax Act create significant tax [...]

Penalty Under Section 271(1)(c) for Concealment of Income

Section 271 penalty concealment income tax provisions under the Income Tax Act represent one of [...]

Transfer Pricing Documentation for Corporate Tax Compliance

Transfer pricing documentation corporate tax india requirements have become increasingly stringent under the Income Tax [...]

Section 80EE Home Loan Interest Deduction for First Time Buyers

section 80ee home loan interest deduction is important. The section 80ee home loan interest deduction [...]

Bogus Long Term Capital Gains: How to Avoid Tax Troubles

Bogus long term capital gains tax issues have become a significant concern for taxpayers and [...]

Section 143(1) vs 143(3) Assessment: Complete Comparison

Section 143 assessment types comparison India is crucial for taxpayers to understand the fundamental differences [...]

Corporate Restructuring Tax Implications: Merger vs Demerger

Corporate restructuring tax implications india have become increasingly complex following recent amendments and judicial interpretations. [...]

House Property Loss Set-off and Carry Forward Rules

House property loss set off carry forward provisions under the Income Tax Act represent one [...]

Section 132 Search Powers: What Income Tax Department Can Do

Section 132 search powers income tax provisions grant the Income Tax Department extensive authority to [...]