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
As already discussed, motor car/other vehicles, provided by the employer, is a perquisite only for specified...
[Section 46A] : Capital Gains on Purchase by Company of its Own Shares or Other Specified Securities
(1) Capital gains tax is an important aspect of the Indian Income Tax Act, 1961. Section 46A of...
A. Changes in Basic Customs Duty (to be effective from 24.07.2024) S. No. Chapter, Heading, sub- heading,...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
As per Section 44AA and Rule 6F, persons carrying on Business and Professions specified below are mandatorily...
Provident Fund Scheme is a welfare scheme for the benefit of the employees. Under this scheme, certain...
Section 10(1) of the Income-tax Act, 1961 exempts agricultural income from income-tax. However, net agricultural...
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
Section 10(19) of the Income Tax Act provides an exemption for the family pension received by the family...
An Association of Persons (AOP), whether incorporated or not, is treated as a `person` under section...
1. Understanding of Section 80-IAC The Income Tax Act, 1961 provides various deductions for taxpayers...
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
The article you’re viewing discusses significant changes to the regulations governing Charitable Trusts...
1. [Section 56(2)]: List of Incomes included under ‘Income from Other Sources’ There are many incomes...
Understanding of Section 80P Section 80P of the Income Tax Act, 1961 provides a deduction in respect...
Understanding of Section 56(2)(i) In India, the taxation of dividends is governed by the provisions of...
(A) In the case of every Individual or Hindu Undivided Family (HUF) (A1) If the individual or HUF...
Section 54GB of the Income Tax Act, 1961 in India provides for the exemption of long-term capital gains...
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
Section 10(6) of the Income Tax Act, 1961 provides an exemption from income tax for certain income received...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
1. What is equalization levy (EL)? This is a tax leviable on consideration received or receivable by...
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
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...
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...