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 56(2)(ib)]: Taxability of Income from Winnings from Lotteries, Crossword Puzzles, Horse Races and Card Games
Under Section 56(2)(ib) of the Indian Income Tax Act, 1961, income from winnings is subject to taxation....
Read More
GST Registration- Latest Changes and Issues involved with Case Laws
The Goods and Services Tax framework has undergone significant transformations since its implementation...
Read More
Section 80EEB: Deduction in respect of Purchase of Electric Vehicle
With the increasing concerns about climate change and the need to reduce pollution, there has been a...
Read More
Investment in Post Office Savings Account for Tax Saving
A Post Office Savings Account is one of the most popular and accessible savings accounts in India. The...
Read More
Comprehensive Analysis of Notification No. 12/2024–Central Tax
The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 12/2024–Central...
Read More
Perquisites - Fringe Benefits or Amenities which shall be Taxable Perquisite in the hands of All Employees
The rules for valuation of specified fringe benefits or amenities arc as under: 1.  Interest Free Or...
Read More
Income Tax (Third Amendment) Rules, 2025 – 13/2025
Notification No. 13/2025 [F. No.370142/9/2024-TPL] Dated 07th February, 2025 MINISTRY OF FINANCE (Department...
Read More
Compensation on Retrenchment [Section 10(10B)]
Section 10(10B) of the Income Tax Act in India provides an exemption for compensation received by employees...
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
[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...
Read More
Taxation of Real Estate Transaction under GST
The Goods and Services Tax (GST), a comprehensive indirect tax system, has been a transformative step...
Read More
CBDT extends due date for filing Form 10A/10AB-Press Release by PIB
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Read More
[Section 56(2)(i)] : Taxability of Dividend under Income from Other Sources
Understanding of Section 56(2)(i) In India, the taxation of dividends is governed by the provisions of...
Read More
Valuation of PERQUISITES- for Calculating Taxable Salary Income
1.  Perquisites [(Section 17(2)]- Income under the head Salaries Section 17(2) of the Income-tax Act,...
Read More
Presumptive Assessment Under Income Tax Act- An Analysis
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
Read More
Income From “House Property” [Section 22 to 27]
Income under the head ‘Income from House Property’ under Section 22 to 27 has been described with practical...
Read More
Prescribed Audit Reports under the Income Tax Rules/ Act.
Under the Income Tax Rules/ Act, certain taxpayers are required to get their accounts audited and submit...
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
Residential Status of an Individual [Section 6(1) & 6(1A)]
An individual may either be a: (a)       Resident in India; or (b)       Deemed to be Resident In India...
Read More
[Section 45(3)] : Capital Gain on Transfer of Capital Asset by a Partner/Member to a Firm/AOP/BOI as Capital Contribution
Section 45(3) of the Indian Income Tax Act, 1961, deals with the taxation of capital gains arising from...
Read More
1 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.

TCS on Remittances Outside India With Recent Changes
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
TDS Provisions on Partners of The Firm-A New Provision
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
Recent Changes in TDS Provisions- Latest Update
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
Presumptive Assessment Under Income Tax Act- An Analysis
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
Major TDS Amendments Effective from 1st April 2025: A Comprehensive Overview
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
Different Income Tax Forms for Filing Income Tax Return
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department....
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...
1 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 15 16 17 18
Scroll to Top