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

Treatment of Unrealised Rent from House Property [Explanation to Section 23(1)]
Unrealised rent refers to rental income that is due but not received from a tenant. The Income Tax Act,...
Read More
Expenses or Payments Not Deductible Under Section 40A
Section 40A of the Income Tax Act, 1961 specifies certain expenses or payments that cannot be deducted while...
Read More
Section 43B- Deductions Allowed only on Actual Payment -Profits and Gains of Business and Profession
Under Section 43B, some of the Expenses are allowed and can be claimed by the Assessee only in the year...
Read More
Income arising to a Shareholder on account of Buy Back of Shares [Section 10(34A)]
Income arising to a shareholder on account of Buy Back of Shares is governed by Section 10(34A) of the...
Read More
Section 10(23A)- Tax Exemption for Professional Associations
Purpose: This section provides tax exemption to professional associations (like medical councils, bar...
Read More
‘Annual Value’ of House Property & It’s Computation under Income Tax Act, 1961
Annual Value is the taxable value assigned to a property for calculating “Income from House Property”....
Read More
Registration Process for a Charitable & Religious Trust
To legally establish and operate a Charitable & Religious Trust in India, the following registrations are...
Read More
Assessment after Evidence [Section 143(3)]
Section 143(3) deals with the scrutiny assessment process in Indian income tax law. This assessment is...
Read More
Section 206C (7): Interest for Late Payment of TCS
1. Legal Provision Section 206C (7)mandates that sellers/collectors must pay interest if they: Fail...
Read More
Section 10(12)- Tax Exemption on Recognised Provident Fund (RPF) Withdrawals
Section 10(12) of the Income Tax Act governs the tax treatment of withdrawals from a Recognised Provident...
Read More
Capital Asset [Section 2(14)] – Definition & Tax Implications for Capital Gains
1. Legal Definition (Section 2(14)) A capital asset means: Property of any kind held by an assessee...
Read More
Amendments to Other Proposals Involving Changes in Basic Customs Duty Rates in Notifications under Finance (No.2) Bill, 2024.
A.   Changes in Basic Customs Duty (to be effective from 24.07.2024) S. No. Chapter, Heading, sub-...
Read More
Annual Information Statement (AIS) Under Section 285BB
Section 285BB of the Income Tax Act, 1961, mandates the Income Tax Department to provide taxpayers with...
Read More
Income of Minor Clubbed in the hands of a Parent [Section 10(32)]
Under the Income Tax Act, there are certain provisions that govern the taxation of income earned by minors....
Read More
[Section 282A]: Authentication of Notices & Documents
1. What is Section 282A? Section 282A mandates proper authentication of all income tax notices, orders,...
Read More
Managing Input Tax Credit (ITC) Transitions and Reversals in GST
In the realm of Goods and Services Tax (GST), the efficient utilization and handling of Input tax credit (ITC)...
Read More
Scope of Total Income / Incidence of Tax [Section 5] under the Income Tax Act, 1961
1. Statutory Framework Section 5 defines the scope of total income based on the taxpayer’s residential...
Read More
Section 10(23DA)- Tax Exemption for income earned by a Securitisation Trust from the Activity of Securitisation
Section 10(23DA) of the Income Tax Act provides a tax exemption for income earned by a securitisation...
Read More
TDS on Interest (Other Than Securities) [Section 194A]
Section 194A mandates Tax Deducted at Source (TDS) on interest payments (excluding interest on securities)...
Read More
Tax Treatment of Income which is Partly Agricultural and Partly from Business [Rules 7,7A,7B,8]
Tax Treatment of Partly Agricultural and Partly Non-Agricultural Income Tax Treatment of on Composite...
Read More
1 8 9 10 11 12 45

Knowledge Base on Taxation

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

TCS on Remittances Outside India With Recent Changes
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
TDS Provisions on Partners of The Firm-A New Provision
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
Recent Changes in TDS Provisions- Latest Update
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
Presumptive Assessment Under Income Tax Act- An Analysis
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
Major TDS Amendments Effective from 1st April 2025: A Comprehensive Overview
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
Different Income Tax Forms for Filing Income Tax Return
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department. These...
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 (Section-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...
1 8 9 10 11 12 45

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 The...
1 8 9 10 11 12 45
Scroll to Top