Understanding New vs. Old Tax Regime for AY 2024-25: FAQs and Implications By finverto / July 11, 2024 Understanding New vs. Old Tax Regime for AY 2024-25. The landscape of income tax filing in India has seen significant changes with the advent of the Assessment Year (AY) 2024-25. The introduction of the new tax regime as the default o

Artificial Intelligence and Taxation: Redefining Compliance Standards By finverto / July 11, 2024 Artificial Intelligence and Taxation: Redefining Compliance Standards. In response to the evolving complexities of tax regulations, both tax authorities and professional advisors are increasingly turning to Artificial Intelligence (AI) and

Charges under Companies Act 2013: Rules & Penalties By finverto / July 11, 2024 Charges under Companies Act 2013: Rules & Penalties. Under the Companies Act 2013, a “charge” signifies an interest or lien created on a company’s assets as security, impacting various stakeholders. This article delves into the definition, typ

Navigating Section 133(6) Notices: What to Do If Your ITR Filing Raises Concerns By finverto / July 11, 2024 Navigating Section 133(6) Notices: What to Do If Your ITR Filing Raises Concerns. Receiving a notice under Section 133(6) of the Income Tax Act, 1961 can be unsettling, especially if there are discrepancies in your Income Tax Re