Expert insights on Income Tax in India covering ITR filing, tax planning, deductions, exemptions, capital gains, TDS, notices, and compliance for individuals, professionals, startups, and MSMEs. Stay updated on the latest tax rules, deadlines, and practical strategies to reduce tax outgo while remaining fully compliant with Indian tax laws.
Understand compounding of offences under the Income Tax Act—what it means, when it helps, and a practical checklist to resolve disputes and avoid prosecution.
Compounding of Offences Under Income Tax Act Read More »
Learn practical steps to avoid or mitigate penalties under Section 271FA for not filing required statements — checklist, common mistakes and how Finstory can he
Section 271FA Penalty for Non-Furnishing of Statements Read More »
Clear, practical guidance on Section 270AA — how immunity from specified penalties works in India and a step-by-step plan to use it correctly. Contact Finstory.
Section 270AA Immunity From Penalty – Explained Read More »
Understand litigation risks of hiding foreign assets in India, practical steps to disclose correctly, and when to seek professional help. Protect yourself with
Litigation Risks in Non-Disclosure of Foreign Assets Read More »
Step-by-step guide to correct incorrectly filed online income tax appeals in India — practical checklist, tools (AIS/26AS, e-filing portal) and when to contact
How to Rectify Incorrect Appeals Filed Online Read More »
A practical guide to using Section 264 to get an erroneous income‑tax order corrected — steps, checklist, risks and how Finstory can help you take action.
Revision of Orders Under Section 264 – Explained Read More »
What Section 263 revision means for your ITR: signs to watch, common mistakes, a practical response plan and a quick checklist to protect your tax position.
Section 263 – Revision by Commissioner of Income Tax Read More »
Missed or late SFT filing can trigger penalties, notices and painful reconciliations. Learn practical steps to avoid fines and fix SFT mismatches with the incom
Penalty for Not Filing Statement of Financial Transactions (SFT) Read More »
Practical steps for Indian businesses to prevent prosecution for TDS non-payment: timely deduction, deposit, reconcile 26AS/AIS and quick rectification.
How Businesses Can Avoid Prosecution for TDS Non-Payment Read More »
Understand Section 269ST: prohibition on cash receipts above ₹2 lakh, how penalties work, practical checklist for salaried, professionals, founders and MSMEs.
Section 269ST – Penalty on Cash Transactions Above ₹2 Lakhs Read More »