Knowledge Base

It provides a solid foundation for a knowledge base on taxation, covering both theoretical and practical elements.

Penalties and Offences under Companies Act, 2013 till Section 100 of Companies Act.

The Companies Act, 2013 outlines various penalties and offences that can be imposed on companies and their officers for non-compliance with its provisions. Below is a summary of the penalties and offences up to Section 100. Sr. No. Section Description of section Penalty 1. 4(5) Name reservation by furnishing wrong information (5)(ii) Where after reservation […]

Penalties and Offences under Companies Act, 2013 till Section 100 of Companies Act. Read More »

Surrender of TAN (Tax Deduction and Collection Account Number)

The Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number issued by the Income Tax Department of India. It is mandatory for entities responsible for deducting or collecting tax at source (TDS/TCS) to obtain a TAN. However, there may be situations where you no longer need a TAN (e.g., if your business has ceased

Surrender of TAN (Tax Deduction and Collection Account Number) Read More »

How to Face Survey Proceedings as per Section 133A of Income Tax Act, 1961- Your Rights and Duties

An Income Tax Survey is a legal procedure under Section 133A of the Income Tax Act, 1961, where tax authorities visit your business premises to gather information or verify the books of accounts to ensure compliance with tax laws. Objective of an Income Tax Survey– The primary objectives of conducting an income tax survey include: Verifying the

How to Face Survey Proceedings as per Section 133A of Income Tax Act, 1961- Your Rights and Duties Read More »

The Income Tax Bill 2025 [Bill No. 24 of 2025]-Flip Book (PDF)

The Income Tax Bill 2025 will come into effect from April 1, 2026, after it is vetted by a Select Committee of the Lok Sabha and cleared by Parliament. The Income Tax Bill 2025 has been introduced in India as part of a comprehensive review of the Income Tax Act, 1961. The bill aims to simplify tax

The Income Tax Bill 2025 [Bill No. 24 of 2025]-Flip Book (PDF) Read More »

Income Tax Bill 2025: ‘Section to Section Mapping’ of I-T Act, 1961

The Income Tax Bill 2025 will come into effect from April 1, 2026, after it is vetted by a Select Committee of the Lok Sabha and cleared by Parliament. If you are one among those who are a little worried about the new Income Tax Bill, here is good news for you. The authorities have

Income Tax Bill 2025: ‘Section to Section Mapping’ of I-T Act, 1961 Read More »

Scroll to Top