Chetan Chandak, Author at H&R Block| Blog

Chetan Chandak

December 20, 2017

Impact of GST on Road Transport Sector

Transportation means shifting of goods, passengers etc. from one location to another via various modes of Transport like road, rail, inland waterways or air. Moreover, Transportation is the activity that connects the business to its supply chain partners and customers and is a major influence […]
November 6, 2017

Impact of GST on Power Sector in India

India is the world’s third-largest producer and fourth-largest consumer of electricity. In the last couple of years, the power sector witnessed record capacity addition taking the installed generation capacity to more than 330 GW. Considering its role in developing the economy and in achieving universal […]
November 1, 2017

Responding to Notice Received u/s 143(1)(a)

Recently, many taxpayers received a notice from the Income Tax Department, which claimed discrepancies, in their declared income.  If you were among the thousands who received this notice for the first time, then you probably went through a spectrum of emotions including, shock, irritation and […]
October 5, 2017

Impact of GST on Pharmaceutical Industry

Goods and services tax (GST) has been in place for over a month now. With the passage of time, more aspects of it are becoming clear. One of the questions that have come up is what it means for the affordability of medicines. GST replaces a […]
August 18, 2017

Tax Toto explains why taxpayers have received notice u/s 143(1)(a)

Hello friends, I am Tax Toto and I am back with yet another topic that needs to be discussed with you. A lot of taxpayers have received Income Tax notices for the Financial Year 2016-2017, the most common being notice u/s 143(1)(a). The taxpayers who […]
March 28, 2017
Long & Short of Capital Gains Tax

The Long and Short of Capital Gains Tax

Union Budget 2017-18 came with a slew of announcements for the housing sector, including a key change in the minimum holding period prescribed for a house property to be considered a long-term asset. It has come down to two years from three years earlier. Since the […]
March 27, 2017
Aadhar Card for Income Tax Filing

‘Voluntary’ Aadhar Card now ‘Mandatory’ for PAN and for Filing Income Tax Returns

The Government of India is speeding up on the road to curbing tax evasion. So, it is leaving no stone unturned in achieving this target. As you know black money was one of the major electoral promises of the NDA (National Democratic Alliance) government in […]
March 24, 2017
Tax Planning for Salaried Employees

Last Minute Tax Planning for Salaried People

In a matter of days, the current Financial Year will come to an end. For a taxpayer, it is the time to evaluate your performance on your investment goals you set at the start of the year. Unfortunately, this is the time of the year […]
March 2, 2017

How to Make Your ITR-V Rejection-Proof

For most taxpayers, filing their annual tax returns is a harrowing experience, thanks to the extensive details they have to furnish. As a result, many tend to forget to cover the last mile – making sure that returns are verified, which is when the filing […]
February 6, 2017
budget 2017 simplifies tax compliance

What Did the FM do to Simplify Tax Compliance Through Budget 2017?

For those who are blaming the high taxes and the complex procedures to follow the tax laws of the land, the Finance Minister has taken several steps towards simplification of the tax compliance procedures through the Union Budget 2017-18. In his speech on February 1, […]