Professional tax advisory and compliance services for individuals and businesses.
220-221, Ajanta Shopping Center, Opp. Mandarwaja Fire Station, Ring Road, Surat-395002, Gujarat
Finance Act 2024 amendments effective 23 July 2024 · AY 2026-27 · By ASAS & Associates / KarSahi Capital gains tax is one of the most complex areas of Indian income tax law, not because the concept is difficult, but because the rules differ significantly across asset classes — and they changed substantially with the […]
Income Tax Act 1961 · FEMA 1999 · FY 2025-26 · By ASAS & Associates / KarSahi For Indians living and working abroad, one of the most misunderstood areas of compliance is Indian income tax. Many NRIs assume that once they leave India, their Indian tax obligations cease. This is incorrect. The Income Tax Act […]
Income Tax Act 1961, Sections 44AD / 44ADA / 44AE · FY 2025-26 · By ASAS & Associates / KarSahi If you run a business, practice a profession, or earn income from self-employment, you face a choice that most employees never think about: how to account for your income and expenses for tax purposes. The […]
Finance Act 2025 · Updated slabs for AY 2026-27 · By ASAS & Associates / KarSahi One of the most debated questions among Indian taxpayers every year is whether to opt for the Old Tax Regime or the New Tax Regime. The Finance Act 2020 introduced the New Regime as an optional, simplified alternative with […]
Income Tax Act 1961 · Applicable for AY 2026-27 · By ASAS & Associates / KarSahi Every year, millions of taxpayers make one avoidable mistake — they file their income tax return using the wrong form. Under Section 139(9) of the Income Tax Act, a return filed in an incorrect form is treated as defective, […]
Income Tax Act 1961, Sections 207–219 · FY 2025-26 · By ASAS & Associates / KarSahi Most salaried employees are familiar with TDS — the tax deducted from their salary every month by their employer. But for anyone with income beyond salary, or for business owners and professionals, there is another equally important obligation: advance […]
