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

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...
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Changes Proposed in the GST Act by the Finance (No. 2) Bill 2024
The Finance (No. 2) Bill, 2024, introduces significant amendments to the Central Goods and Services Tax...
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Section 80G: Deduction in respect of Donation to certain Funds, Charitable Institutions, etc.
Section 80G of the Income Tax Act, 1961 provides provisions for claiming deductions on donations made...
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Section 70: Inter-Source Adjustment – Set Off of Loss from one Source against Income from another Source under the same head of Income
1.  Introduction to Section 70 – The Indian Income Tax Act, 1961, provides various provisions for...
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'Voluntary Retirement Compensation' from a Public Sector Company or any other Company [Section 10(10C)]
Voluntary Retirement Scheme (VRS) is a mechanism used by companies to reduce their workforce by offering...
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Income of an Electoral Trust shall be Exempt [Section 13B]
An Electoral Trust is a unique entity that plays a crucial role in the political funding of political...
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Interest and withdrawals from Sukanya Samriddhi Account (SSA) [Section 10(11A)]
The Sukanya Samriddhi Account is a popular savings scheme in India that aims to promote the education...
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E-Way Bill System: Transforming Goods Movement in the GST Era
In the era of GST, the removal of check posts nationwide aimed to streamline the movement of goods within...
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Investment in Kisan Vikas Patra Yojana
Kisan Vikas Patra is a certificate scheme from the Indian post office. It doubles a one-time investment...
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The Finance Bill 2025 - Flip e-Book (PDF) as part of the Union Budget 2025-26
The Finance Bill 2025, presented by Finance Minister Nirmala Sitharaman as part of the Union Budget 2025-26,...
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Exemption in respect of certain income of Indian Strategic Petroleum Reserves Limited (ISPRL) [Section 10(48C)]
Indian Strategic Petroleum Reserves Limited (ISPRL) plays a crucial role in ensuring the energy security...
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Notified Special Allowance [Section 10(14)]
Notified special allowance is an allowance that has been notified by the Central Government under Section...
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Section 80-IBA: Deduction in respect of Profits and Gains from Housing Projects
1.  Understanding of Section 80-IBA Section 80-IBA of the Income Tax Act, 1961, provides a deduction...
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Amendments relating to Disallowance of the Expenditure in Respect of Exempt Income – by The Finance Bill 2022
1.  Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
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GST Audit U/s 65 of the CGST Act, 2017- Procedure and Precautions
GST Audit under Section 65 of the CGST Act, 2017 is conducted by the tax authorities to verify the correctness...
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CBDT relaxes provisions of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar-(Press Release by PIB)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
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Inverted Duty Structure (IDS) under GST
The Inverted Duty Structure (IDS) under the Goods and Services Tax (GST) regime is a situation where...
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Circular No. 07/2024 (Extension of the Due Date for Filing of Form No. 10A/10AB)- A Detailed Analysis
Circular No. 07/2024 [F. No.173/25/2024-ITA-I] Dated 25th April, 2024: A Detailed Analysis The Central...
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Time Limit, Form, Fees & Timelines for Filing an Appeal
When it comes to dealing with various processes and procedures, understanding the time limits, forms,...
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Meaning of Capital Asset [Section 2(14)] – Capital Gain
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
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Knowledge Base on Taxation

It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.

Form 15CA and Form 15CB in Foreign Remittances under Income Tax Act, 1961
INTRODUCTION: Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
Section 132: Search and Seizure Under Income Tax Act, 1961
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
TDS on Rent Payments U/s 194I of Income Tax Act, 1961
Section 194-I of the Income Tax Act, 1961, a crucial piece of legislation in India, governs the taxation...
Exemption from Capital Gains for Individuals and HUFs
Under the Income Tax Act, 1961, individuals and Hindu Undivided Families (HUFs) can claim exemptions...
Disallowances under the Income Tax Act related to MSME [Section 43B(h)]
The Income Tax Act, 1961, includes specific provisions to protect the interests of Micro, Small, and...
Analysis of Orders U/s 147 of Income Tax Act, 2017 towards Reassessment of Income
Section 147 of the Income Tax Act, 1961, deals with the reassessment of income if the Assessing Officer...
Section 115BAB for New Manufacturers to promote the "Make in India" initiative
Section 115BAB of the Income Tax Act, 1961, was introduced by the Finance Act, 2019, to provide a lower...
TDS on Salary and Provident Fund [Section 192 and 192A]
TDS on Salary (Section 192) and TDS on Provident Fund (Section 192A) are provisions under the Income...
Interpreting Actual Cost in Asset Valuation for Computation of Income Tax
The term “actual cost” in the context of asset acquisition plays a pivotal role in income...
Amnesty Scheme under Section 128A of the CGST Act, 2017: A Comprehensive Overview
The introduction of Section 128A in the Central Goods and Services Tax (CGST) Act, 2017, by the Finance...
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Press Release by PIB (Press Information Bureau)

Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.

Highlights of Union Budget 2025-26
Ministry of Finance HIGHLIGHTS OF UNION BUDGET 2025-26 Posted On: 01 FEB 2025 1:29PM by PIB Delhi PART...
CBDT Notifies Amendments in Income-Tax Rules, 1962 to prescribe conditions for applicability of Presumptive Taxation Regime for Non-Resident Cruise Ship Operators
Ministry of Finance Posted On: 22 JAN 2025 8:09PM by PIB Delh CBDT notifies amendments in Income-tax...
Enhancing Tax Transparency on Foreign Assets & Income: Understanding CRS & FATCA
A. Purpose of CRS and FATCA In this globalized economy, tax transparency and compliance has become paramount...
CBDT rolls out e-DRS Scheme, 2022 (PIB Press Release)
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...
CBDT relaxes provisions of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar-(Press Release by PIB)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget 2024-25 - (Press Release by PIB)
Ministry of Finance FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Government Makes New Tax Regime More Attractive Under Budget 2024-25 (Press Release by PIB)
Ministry of Finance GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE STANDARD REDUCTION INCREASED FROM...
Capital Gains Taxation Simplified and Rationalised under Budget 2024-25-Press Release by PIB
Ministry of Finance CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED SHORT TERM GAINS TO ATTRACT A...
Highlights of The Union Budget 2024-25 - Press Release by PIB
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
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