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 71: Inter-Head Adjustment - Set Off of Loss from one Head against income from another Head
(1) Introduction to Section-71 (Inter-Head Adjustment) Under the Indian Income Tax Act, 1961, taxpayers...
Read More
[Section 111A] : Tax on Short-Term Capital Gains in case of Equity Shares and Units of Equity Oriented Fund
Here we describe all the Provisions towards Calculation of Tax on Short-term Capital Gains under Section...
Read More
Compensation received in case of any Disaster [Section 10(10BC)]
Compensation received by an individual or their legal heirs in the event of a disaster is governed by...
Read More
Comprehensive Analysis of Section 67 of the CGST Act
Introduction: Section 67 of the Central Goods and Services Tax (CGST) Act, 2017, deals with the power...
Read More
Income-Tax (First Amendment) Rules, 20525 – ‘09/2025’
Notification No. 09/2025 [F. No. 370142/18/2024-TPL] Dated 21th January, 2025 MINISTRY OF FINANCE (Department...
Read More
Income from Gratuity [Section 10(10)]
Gratuity is a payment made by the employer to an employee in appreciation of the past services rendered...
Read More
Provisions and Amendments Relating to “Rates of Income Tax” under Finance (No.2) Bill, 2024
The provisions of Finance (No. 2) Bill, 2024 (hereafter referred to as “the Bill”), relating...
Read More
Amendments relating to Deduction and Collection of Tax at Source by the Finance Bill 2022
1.  Rationalization of provisions of TDS on sale of immovable property [Section 194-IA amended w.e.f....
Read More
Amount received as Leave Encashment on Retirement [Section 10(10AA)]
Leave encashment refers to the amount received by an employee in exchange for unused leave balance at...
Read More
Annual value of one ‘Palace’ of the Ex-Ruler [Section 10(19A)]
Section 10(19A) of the Income Tax Act, 1961, exempts the annual value of one palace in the occupation...
Read More
GST Audit by Tax Authorities (Section 65) & Special Audit (Section 66) under GST
Section 65: Audit By Tax Authorities: Understanding the intricate process of GST audits, as outlined...
Read More
Changes Brought About in Capital Gains in the Finance (No.2) Bill, 2024
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Read More
Commuted Value of Pension Received [Section 10(10A)]
The commuted value of pension refers to the lump sum amount received by an employee in lieu of a portion...
Read More
[Section 58]: Amounts Not Deductible in computing the income under the head ‘Income from Other Sources’
While the income from other sources is taxable, there are certain amounts that are not deductible while...
Read More
The Income Tax Bill 2025 [Bill No. 24 of 2025]-Flip e-Book (PDF)
The Income Tax Bill 2025 will come into effect from April 1, 2026, after it is vetted by a Select Committee...
Read More
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,...
Read More
Analysis of Orders U/s 147 of Income Tax Act, 2017 towards Reassessment of Income
Section 147 of the Income Tax Act, 1961, deals with the reassessment of income if the Assessing Officer...
Read More
Investment in TERM LIFE INSURANCE
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment...
Read More
Special Provisions of Set Off of Losses in case of an Individual or HUF who has opted to be Taxed as per Provisions of Section 115BAC
Under the Income Tax Act, individuals and Hindu Undivided Families (HUFs) have the option to be taxed...
Read More
Perquisites- Rent Free Accommodation or Accommodation provided at Concessional Rate
Accommodation provided to the employee may be— (i)      unfurnished (ii)     furnished Further, such...
Read More
1 14 15 16 17 18

Knowledge Base on Taxation

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

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 U/s 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...
Disallowances under the Income Tax Act related to MSME [Section 43B(h)]
The Income Tax Act, 1961, includes specific provisions to protect the interests of Micro, Small, and...
Analysis of Orders U/s 147 of Income Tax Act, 2017 towards Reassessment of Income
Section 147 of the Income Tax Act, 1961, deals with the reassessment of income if the Assessing Officer...
Section 115BAB for New Manufacturers to promote the "Make in India" initiative
Section 115BAB of the Income Tax Act, 1961, was introduced by the Finance Act, 2019, to provide a lower...
TDS on Salary and Provident Fund [Section 192 and 192A]
TDS on Salary (Section 192) and TDS on Provident Fund (Section 192A) are provisions under the Income...
Interpreting Actual Cost in Asset Valuation for Computation of Income Tax
The term “actual cost” in the context of asset acquisition plays a pivotal role in income...
Amnesty Scheme under Section 128A of the CGST Act, 2017: A Comprehensive Overview
The introduction of Section 128A in the Central Goods and Services Tax (CGST) Act, 2017, by the Finance...
1 14 15 16 17 18

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...
1 14 15 16 17 18
Scroll to Top