tax returns

The Income Tax Return Filing season is upon us. Businessmen, professionals as well as Individual tax payers are starting to worry about their tax returns, as the due date for the tax returns for financial year 2011-12 (AY 2012-13) i.e.…

The much-awaited revised discussion paper on the Direct Tax Code (DTC) is set in the public domain by the Manmohan Singh government. The earlier discussion paper on the Direct Tax Code Bill was released in August 2009 to receive public…

Starting from April 1, 2010, if your total income falls under any of the taxable slab, you are required to quote Permanent Account Number (PAN) in your financial transactions. Budget 2009-10 makes it mandatory to quote your PAN number in…