O.P. Yadav, Tax Evangelist at Prosperr.io & former Principal Commissioner of Income Tax Department, along with others have highlighted a critical issue regarding the implementation of Rule 114E(2) for ...
If you hold a joint bank account, a new provision under the Income Tax rules could land you in unexpected trouble. The Income Tax Department’s Rule 114E(2) mandates that any deposit of ₹10 lakh or ...