Priyanka Chopra loses Income tax battle, admitted 50 Lakh Cash payments: Court

By Paras Mehra February 9, 2018

the film actress Priyanka Chopra got a blow from the Income Tax Appellate Tribunal (ITAT) after she loses the IT battle in the tribunal for Rs.50 lakh cash payment case. Priyanka Chopra is a well-known celebrity and is having a dream run in her career.

Now pay just 0.090% income tax on turnover of Rs.1 Crore with this simple tax planning

By Paras Mehra February 6, 2018

How do you feel when we say that you just need to pay 0.090% income tax on the total turnover of Rs.1 crore and you even don’t have to pay advance tax and even there is no need to maintain the books of accounts as well?

How should Bitcoins Income be taxed in India?

By Paras Mehra November 14, 2017

If you had invested Rs.100,000 on 1st April 2013 in Bitcoins then your investment would have increased to Rs.63,17,308/- in a span of four years. In other words, your wealth would have grown 60 times the amount invested in just a span of four years

Due date for Income tax Return (ITR) filing for Companies extended to 31 October from 30th September 2017 – Latest news

By Paras Mehra August 31, 2017

Here comes a big relief by the tax department by extending the ITR filing date from 30th September to 31st October. Taxpayers including companies which are set to file their return before 30th September can now take a deep breath and can relax a bit.