0 Post pandemic, the preferences of homebuyers are changing. As the acceptance for work from home gone up, many people are exploring options outside the crowded cities. Consequently, the demand for plots and plotted developments have gone up, as some people are preferring standalone houses against apartments in societies. As per an Anarock report, cities … Read more EVALUATE THESE PROS AND CONS BEFORE BUYING A PLOT.
0 Income tax return forms are tweaked almost every year to ease the process and improve compliance. If you are thinking of filing your income tax returns (ITR) now to avoid the last-minute rush, it’s a sensible thing to do. The last date for filing ITR has been extended to 31 December 2020. But before … Read more SIX CHANGES IN FY20 ITR FORMS THAT YOU SHOULD KNOW ABOUT.
0 The country’s largest bank, the State Bank of India (SBI), is e-auctioning at least 1000 residential properties, belonging to borrowers who defaulted on their loans, starting 30 September through October. The properties to be auctioned included open plots, residential, industrial, and commercial units across the country. Bank property auctions, typically, generate huge interest as … Read more THREE THINGS TO ASK BEFORE YOU BUY A HOUSE IN A BANK AUCTION.
0 In the recent ongoing scrutiny assessments for financial year 2016-17, one of the main items of verification, particularly in cases of individual taxpayers, has been that of the source of cash deposited by taxpayers in their bank accounts. The rationale for this is the fact that large cash deposits were made during the year … Read more HOW YOU CAN PROVE SOURCE OF CASH DEPOSITS TO ESCAPE INCOME TAX SCRUTINY?
0 You end up using your Permanent Account Number (PAN) often, but do you know why it’s issued by the tax department? PAN enables the department to identify all the transactions of a tax assessee, including income earned, tax deducted and paid, tax returns and other specified transactions. It is mandatory for individuals to obtain … Read more WHY DOES THE TAX DEPARTMENT ISSUE PAN FOR ALL TAXPAYERS?