Income Tax Act

Four advantages of opting for a multi-year health insurance plan

[ad_1] Health insurance has always been the neglected child in most households. The optimism bias, especially among Indians, is usually high and many believe nothing bad will ever happen to them or their loved ones. However, things changed when Covid-19 came knocking on our doors two years back. The pandemic shattered our bias as we …

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Tax reassessment: Supreme Court sets aside HC orders, revives show-cause notices

[ad_1] The Supreme Court on Wednesday held that the reassessment notices issued under the unamended Section 148 of the Income Tax Act on or after April 1, 2021, will not be deemed to be invalid just because they were issued under the old law. While modifying the relevant orders of various high courts that quashed …

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