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TAX AUDIT Tax Audit under section 44AB Tax audit is the examination of a business or individual official document by the Internal Revenue Service (IRS) or state tax authority. The purpose of the Tax Audit is to make sure that books of accounts are maintained in accordance with the provisions…
HIGHLIGHTS FROM UNION BUDGET 2019 The key takeaways from the primary budget of the second Narendra Modi government tabled by minister of finance Nirmala Sitharaman within the Parliament on 5th of July, 2019. You'll be able to see that merchandise and services would get cheaper after the Budget and what's…
HOW TO SAVE TAXES UNDER SECTION 80C There are various deductions which a taxpayer can claim from his/her total income to bring down taxable income and thereby reduce the tax outgo. In this article, we will discuss some of the important deductions under Section 80C a taxpayer can claim. Investment…