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
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
A recognized provident fund is a retirement savings scheme that is approved by the government. It is...
Here we discuss all the Provisions towards Computation of Capital Gain in certain Special Cases and the...
Notwithstanding anything contained in sections 30 to 38, the following amounts shall not be deducted...
Section 80RRB of the Income Tax Act, 1961, provides for a deduction in respect of royalty income received...
Amendment of section 5. 147. In the Integrated Goods and Services Tax Act, 2017 (13 of 2017.) (hereinafter...
1. Section 35(1A) relating to Filing Of Statement of any sum received by a Research Association, University,...
Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 deals with the inspection, search,...
Understanding of Section 80P Section 80P of the Income Tax Act, 1961 provides a deduction in respect...
Notified special allowance is an allowance that has been notified by the Central Government under Section...
Circular No. 01/2025 [F. No. 500/05/2020/FT&TR-II] Dated 21st January, 2025 Government of India Ministry...
Pensions are fixed sums of money that individuals receive at regular intervals after retirement. They...
The Public Provident Fund (PPF) scheme is a very popular long-term savings scheme in India because of...
Interest incomes which are exempt under section 10(15) could be explained with the help of the following...
Agricultural income and its tax treatment in India fall under Section 10(1) of the Income Tax Act, 1961....
We will continue our efforts to simplify taxes, improve tax payer services, provide tax certainty and...
Every person shall quote his permanent account number in all documents pertaining to the transactions...
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Section 10(20) of the Income Tax Act, 1961 provides exemption from income tax for the income of a local...
In the era of GST, the removal of check posts nationwide aimed to streamline the movement of goods within...
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...