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How to simplify Indian Income Tax Act? Part I

How to simplify Indian Income Tax Act

I have just finished one round of tax filing work for the financial year 2014-15. While going through the tax questions from the clients, I realized the complications and confusions created by the age old Income Tax Act. Incidentally, in today’s Economic Times, the new revenue secretary Mr. Hasmukh Adhia ...

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Guidance Note on Tax Audit under section 44AB of the Income Tax Act 1961 Revised 2014 Edition -Asst Year 2015-16


The “Guidance Note on Tax Audit u/s 44AB of the Income Tax Act, 1961- Edition 2014” issued by The Institute of Chartered Accountants of India (ICAI),  is one of the important guidance issued by ICAI and is referred not only by our Chartered Accountants but also by assessing officers and in various judicial forums. Revised guidance note ...

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