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
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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Income referred to in Section 68, 69A, 69B, 69C and 69D which are undisclosed income and Investments...
An Electoral Trust is a unique entity that plays a crucial role in the political funding of political...
Section 10(4F) specifically applies to income earned by a non-resident from a unit of an International...
Section 80DD of the Income Tax Act in India provides a deduction for individuals or Hindu Undivided Families...
Understanding of Section 56(2)(i)
In India, the taxation of dividends is governed by the provisions of...
Introduction
The people of India have reposed their faith in the government led by the Hon’ble Prime...
When a disaster strikes, it can cause immense damage to life and property. In such difficult times, the...
The authority vested in officers for search and seizure is a crucial aspect of upholding tax laws and...
as per Part “C” of Schedule II of the Companies Act, 2013 after making following assumptions:
The...
1. Provisions of Section 79 not to apply In case of Strategic Disinvestment of Public Sector Companies...
Understanding of Section 54B
Agriculture plays a vital role in the economy of many countries, providing...
The National Savings Certificate (NSC) is a fixed Income Investment scheme that you can open with any...
According to Section 10(2A), any share of profit received by a partner from a firm is exempt from tax....
Insertion of new section 8A.
153. In the Goods and Services Tax (Compensation to States) Act, 2017 (15...
1. Rationalization of provisions of TDS on sale of immovable property [Section 194-IA amended w.e.f....
Provisions and Amendments Relating to “Goods and Service Tax (GST)” under Finance (No.2) Bill, 2024.
Note:
(a) CGST Act means Central Goods and Services Tax Act, 2017
(b) IGST Act means...
Section 139AA was introduced in the Income Tax Act, 1961, with effect from July 1, 2017, to make it mandatory...
Section 30 to 35 covers the following expenses Allowed as Deduction while computing Profits and Gains...
According to Section 10(7), allowances or perquisites received by an employee outside of India for rendering...
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...
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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.
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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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
The...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...
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