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
Section 80QQB of the Income Tax Act provides a deduction in respect of royalty income earned by authors....
Provisions and Amendments Relating to Direct Tax Vivad se Vishwas Scheme, 2024 The Income-tax Act, 1961...
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
The following Essential & Basic Rules have to be kept in mind while calculating Deductions under...
Section 9 of the Income Tax Act, 1961 is an important provision that deals with the taxation of income...
Notification No. 07/2025 [F. No. 203/20/2024/ITA-II] Dated 14th January, 2025 MINISTRY OF FINANCE (Department...
1. Introduction to Section 80CCD Section 80CCD of the Indian Income Tax Act, 1961, provides for deductions...
(A) Providing Tax Relief A.1 Substantial relief is proposed under the new tax regime with new slabs and...
There are many incomes which are taxable under the head ‘Income from Other Sources’. However, section...
Permanent Account Number (PAN) is a unique ten-digit alphanumeric code issued by the Income Tax Department...
[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...
When it comes to investing in mutual funds, it is important to understand the various tax implications....
The Government of India’s Department of Posts, Ministry of Communications, offers fixed deposit accounts...
Notification No. 05/2025 [F. No. 300196/37/2019-ITA-I] Dated 3nd January, 2025 MINISTRY OF FINANCE (Department...
A Hindu Undivided Family (HUF) is a unique entity recognized by the Indian tax system. It is a family...
Under Section 10(4D) of the Income Tax Act, a specified fund is eligible for certain exemptions on its...
Accommodation provided to the employee may be— (i) unfurnished (ii) furnished Further, such...
1. Introduction to Section 70 – The Indian Income Tax Act, 1961, provides various provisions for...
Any expenditure (not being expenditure of the nature described in sections 30 to 36) and not of capital...
1. Perquisites [(Section 17(2)]-Definition Section 17(2) of the Income-tax Act, 1961 gives an inclusive...
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...