Komal Chawla

106 posts
I am an aspiring Chartered Accountant. I spend most of my free time dredging through the various Indian finance subreddits. I am a semi-professional bowler with a high strike rate every time there is a new tax reform!

IT Raises Tax Rebate instead of Exemption Limit

The income tax department raised the rebate available under section 87A to…

Complete salary break-up asked in new ITR-2 return form

The Income Tax Department (ITD) has recently released ITR 2 excel utility…

If you are a resident taxpayer, report all your foreign assets in ITR

Taxability of income in India depends on the residential status of the…

Finance ministry may tweak foreign taxation rules to widen tax base

The Ministry of Finance (MoF), India is all set to revamp its…

Holding period of house starts from date of allotment: ITAT

The Income Tax Appellate Tribunal (ITAT), Mumbai bench, has recently held that…

Govt extends cut off date for linking PAN with Aadhaar by six months

The last date for linking aadhaar number to the PAN was 31st…

File your revised ITR for FY18 by March 31 2019

The last date to file and revise the Income Tax Return (ITR)…

IT department urges to link PAN to bank account by March 1st

The Income Tax Department(ITD) has recently announced that e-refunds will only be…

Budget 2019: Key Things To Know Before February 1

The incumbent government is all set to present the last budget of…

Will FICCI’s proposal on corporate tax cut be accepted? – Budget 2019

Federation of Indian Chambers of Commerce and Industry (FICCI) has made a…