Why Income tax department send notices Under Section 142(1) ?

Section 142(1) notices is one of the important and frequently sent notices to the assesses it is one of the important notice sent requiring assessee to furnish the return of income or provide such other documents required to be submitted. Continue reading “Why Income tax department send notices Under Section 142(1) ?”

Important Guide to private limited company registration

Private limited company registration is considered as one of the important and most popular type of business registration in India for it advantages and power for brand promotion. As you have landed in this page after you have decided to register private limited company for your Continue reading “Important Guide to private limited company registration”

How to save capital gains tax on sale of property

What is capital gains ?
Capital gains is amount of gain or profit on transfer of capital asset, there are different types of capital asset however we are discussing only immovable property. The difference in sale value of land or building and purchase cost is called as capital gains, capital gains calculation should Continue reading “How to save capital gains tax on sale of property”

Copyright © . Parasuraman Associates. All Rights Reserved.