complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
complete tax solutions
Income Tax Management
Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman
e-Book (PDF) - Download
income Tax Management
[ Tax Ready Reckoner ]
e-Book (PDF)
AYs : 2025-26 & 2026-27
Most Useful by …
> CA and Tax Professionals,
> Business Owner and Entrepreneurs,
> Individuals Filing Their Own Taxes,
> Financial Planners and Wealth Managers &
> Students and Academicians.
> Coveting 28 Chapters with 1280 Pages
1. Purpose of Section 115JAA
Allows companies to claim creditfor excess MAT paid (when MAT > normal...
Section 10(10B) of the Income Tax Act, 1961 provides important tax relief for workmen who receive compensation...
1. Key Features of Section 69
Objective: Targets unexplained investments(e.g., property, gold, shares)...
Compensation received by an individual or their legal heirs in the event of a disaster is governed by...
Section 72 of the Income Tax Act, 1961, governs the carry forward and set-off of business losses, allowing...
1. Understanding of Section 80-IAC
The Income Tax Act, 1961 provides various deductions for taxpayers...
Section 10(23ED) of the Income Tax Act provides a tax exemption for income received by an Investor Protection...
The Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number issued by the...
Understanding of Section 56(2)(i)
In India, the taxation of dividends is governed by the provisions of...
1. Definition of ‘Transfer’ [Section 2(47)]
A transfer includes:
Sale, exchange, or relinquishment
Compulsory...
Here’s a detailed summary of the treatment of ULIPs (Unit-Linked Insurance Plans) as capital gains under...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
New...
Here’s a structured breakdown of the types, definitions, and residential status of companies under the Income...
The term “actual cost” in the context of asset acquisition plays a pivotal role in income...
Applicable to: Salaried (without HRA) & Self-Employed Individuals
This section provides tax relief...
Section 10(19A) of the Income Tax Act, 1961, exempts the annual value of one palace in the occupation...
Section 10(23FF) of the Income Tax Act provides a targeted capital gains exemption for non-residents...
Section 145 of the Income Tax Act, 1961 governs the method of accounting for computing taxable income...
Section 140 of the Income Tax Act, 1961 specifies who must verify the return of income and the authorized...
Here’s a comprehensive analysis of Section 56(2)(viib) of the Income Tax Act, 1961, which taxes share...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department.
These...
INTRODUCTION:
Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
Section 194-I of the Income Tax Act, 1961, a crucial piece of legislation in India, governs the taxation...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
Ministry of Finance
HIGHLIGHTS OF UNION BUDGET 2025-26
Posted On: 01 FEB 2025 1:29PM by PIB Delhi
PART...
Ministry of Finance
Posted On: 22 JAN 2025 8:09PM by PIB Delh
CBDT notifies amendments in Income-tax...
A. Purpose of CRS and FATCA
In this globalized economy, tax transparency and compliance has become paramount...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
******
New...
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)-Press Release by PIB
Ministry of Finance
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)
It...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi,...
Ministry of Finance
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Ministry of Finance
GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE
STANDARD REDUCTION INCREASED FROM...
Ministry of Finance
CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED
SHORT TERM GAINS TO ATTRACT A...