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
The provisions relating to Direct Taxes for the Financial Year 2025-26 in India include several key changes...
1. Provision inserted under Clause ( c ) of explanation to Section 10(4D) applicable w.e.f. 2022-23...
Section 147 of the Income Tax Act, 1961, deals with the reassessment of income if the Assessing Officer...
1. Introduction to Clubbing of Income The Indian Income Tax Act, 1961, has provisions that prevent taxpayers...
1. Scope of Total Income / Incidence of Tax [Section 5] Total income of an assessee cannot be computed...
While the income from other sources is taxable, there are certain amounts that are not deductible while...
Amendment of section 9. 110. In the Central Goods and Services Tax Act, 2017 (12 of 2017.) (hereinafter...
Political parties play a crucial role in any democratic society. They serve as the voice of the people,...
(1) When an asset is acquired by the government through the process of compulsory acquisition,...
SCSS is a savings product available for senior citizens aged 60 or above. On the date of opening an SCSS...
TDS on Salary (Section 192) and TDS on Provident Fund (Section 192A) are provisions under the Income...
1. Provisions of Section 79 not to apply In case of Strategic Disinvestment of Public Sector Companies...
House Rent Allowance (HRA) is a common component of most employees’ salary packages. It is provided...
Under the Indian Income Tax Act, 1961, the taxability of income from letting out of machinery, plant,...
Tax Treatment of Partly Agricultural and Partly Non-Agricultural Income Tax Treatment of on Composite...
National Pension System (NPS) is a retirement benefit Scheme introduced by the Government of India to...
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Interest on Non-resident (External) Account (NRE) is exempt from income tax in India under Section 10(4)(ii)...
Developmental financing institutions play a crucial role in promoting economic growth and development...
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....
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...