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
Where any person receives at any time during any previous year any money or other assets under an insurance...
A Hindu Undivided Family (HUF) is a unique entity recognized by the Indian tax system. It is a family...
Exemption of amount received by an individual as Loan under Reverse Mortgage Scheme [Section 10(43)]
Reverse mortgage is a financial scheme that allows senior citizens to convert their home equity into...
Introduction Agricultural land is a significant asset in India, providing employment to many people and...
Section 80DD of the Income Tax Act in India provides a deduction for individuals or Hindu Undivided Families...
Provident Fund Scheme is a welfare scheme for the benefit of the employees. Under this scheme, certain...
Note: (a) “Basic Customs Duty (BCD)” means the customs duty levied under the Customs Act, 1962....
The Central Board of Direct Taxes (CBDT) has issued Notification No. 2 of 2024, which addresses the time...
Notwithstanding anything contained in sections 30 to 38, the following amounts shall not be deducted...
Provisions and Amendments Relating to Direct Tax Vivad se Vishwas Scheme, 2024 The Income-tax Act, 1961...
List of all Other Deductions which are specified under section 36 of the Indian Income Tax Act,1961,...
Section 10(22B) of the Income Tax Act, 1961, exempts the income of a specified news agency from tax....
In India, hosting international sporting events is not only a matter of pride but also has significant...
Section 10(1) of the Income-tax Act, 1961 exempts agricultural income from income-tax. However, net agricultural...
(1) Introduction to Section-72 Section 72, which deals with the carry forward and set off of business...
National Pension System (NPS) is a retirement benefit Scheme introduced by the Government of India to...
Interest on Non-resident (External) Account (NRE) is exempt from income tax in India under Section 10(4)(ii)...
The Income Tax Law in India is a complex and ever-changing set of regulations that govern the taxation...
1. Provision inserted under Clause ( c ) of explanation to Section 10(4D) applicable w.e.f. 2022-23...
Understanding of Section 80D Section 80D of the Income Tax Act provides individuals with a deduction...
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...