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Tax Puzzles

Quick scenarios — pick an answer, then see the reasoning behind the right one.

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Tax Puzzles

Penalty for Concealment

Penalty for concealment of income under Section 271(1)(c).

15 May 2026·1 min read

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Tax Puzzles

Section 56(2)(x) Gift Tax

Section 56(2)(x) gift tax: what’s the penalty?

1 May 2026·1 min read

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Tax Puzzles

TDS on Cash

TDS on cash withdrawal exceeding threshold limits

15 Apr 2026·1 min read

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Tax Puzzles

FEMA Fines

FEMA fines for unreported foreign exchange transactions

1 Apr 2026·1 min read

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Tax Puzzles

GST Return

Which businesses are exempt from filing GST annual return GSTR-9?

15 Mar 2026·1 min read

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