Day: October 1, 2021

INCOME TAX – SALARIEd – FEW MYTHS BUSTEd – read to join

The salaried class has a lot to gripe about.  They always feel that they get the short end of the stick as far as income tax goes. The bigger fish always go scot-free.  Salaried are those who are always caught and punished without much exemption. As a tax practitioner for 27 years, I would say […]

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INCOME TAX AND THE TAXPAYERS OF BUSINESS/SERVICES

The business/service class feels that keeping books of accounts and other records can be a burden on them.  They aver that they will be penalized for lapses that happen unknowingly as they lack expertise in understanding the various sections, meaning and interpretation.  There are a lot of businesses and services which file their returns without […]

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