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

e-Book (PDF) - Download

income Tax Management
[ Tax Ready Reckoner ]
e-Book (PDF)

AYs : 2025-26 & 2026-27

Most Useful by …
> CA and Tax Professionals,
> Business Owner and Entrepreneurs,
> Individuals Filing Their Own Taxes,
> Financial Planners and Wealth Managers &
> Students and Academicians. 
> Coveting 28 Chapters with 1280 Pages

Section 58: Amounts Not Deductible from "Income from Other Sources"
1. Overview of Section 58 Section 58 specifies expenses that cannot be deducted while computing taxable...
Read More
Withholding of Refund in Certain Cases [Section 241A]
Section 241A allows the Income Tax Department to withhold refunds in certain cases, even if a taxpayer...
Read More
TDS on Purchase of Goods [Section 194Q]
Section 194Q of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made by buyers to resident...
Read More
Speech on Direct Taxes (Part-B) of Nirmala Sitharaman, Minister of Finance, July 23, 2024. (Budget 2024-2025)
We will continue our efforts to simplify taxes, improve tax payer services, provide tax certainty and...
Read More
[Section 283]: Service of Notice When Family is Disrupted or Firm is Dissolved
Section 283 of the Income Tax Act, 1961, provides special rules for serving notices when: A Hindu Undivided...
Read More
[Section 211]: Instalments of Advance Tax & Due Dates
Section 211 of the Income Tax Act, 1961, mandates the payment of advance tax in four instalments during...
Read More
Understanding Advance Tax and Self-Assessment Tax in India
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Read More
Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024
Government of India Department of Revenue Ministry of Finance Central Board of Direct Taxes New Delhi,...
Read More
[Section 245]: Set-Off of Refund Against Outstanding Tax Demand
Section 245 of the Income Tax Act, 1961 allows the Income Tax Department to adjust (set off) a taxpayer’s refund...
Read More
Form for Claim for Refund and Period Within Which Claim for Refund Should be Made [Section 239 And Rule 41]
Under Section 239 of the Income Tax Act, 1961, and related provisions, here are the key details regarding...
Read More
Payment of Advance Tax Pursuant to Assessing Officer's Order [Section 210(3) & 210(4)]
1. Overview When a taxpayer fails to pay advance tax voluntarily, the Assessing Officer (AO) can issue...
Read More
[Section 45(1B)]: Capital Gain in case of Profits or Gains arising from receipt of the amount on Maturity of High Premium Unit Linked Insurance Policy (ULIP)
(1)        Unit Linked Insurance Policies (ULIPs) have gained popularity as a dual investment-cum-insurance...
Read More
Section 206C(1H): TCS on Sale of Goods (Effective from 1st October 2020)
1. Overview Applicability: Mandates sellersto collect Tax at Source (TCS) on receipt of sale consideration from...
Read More
Section 10(2A)-Partner’s Share in the Total Income of a Partnership Firm
Section 10(2A) of the Income Tax Act, 1961 in India exempts a partner’s share in the total income...
Read More
[Section 242]: Correctness of Assessment Not to Be Questioned
Section 242 of the Income Tax Act, 1961, clarifies that a refund claim cannot be used to challenge the...
Read More
Income Escaping Assessment [Section 147]
Section 147 empowers the Assessing Officer (AO) to reassess or recompute income that has escaped taxation in...
Read More
Expenses or Payments Not Deductible: [Section 40A] --Profits and Gains of Business or Profession
The provisions, which are being discussed under various sub-sections of section 40A have overriding effect ...
Read More
Return of Loss [Section 139(3) read with Section 80]
Under Section 139(3) of the Income Tax Act, 1961, taxpayers can file a Return of Loss to carry forward...
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
[Section 56(2)(x)] : Taxability of Gift of Money and Property under Income from Other Sources
The Indian Income Tax Act, 1961, governs the taxation of various sources of income in India. One such...
Read More
1 16 17 18 19 20 45

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. These...
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 (Section-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 16 17 18 19 20 45

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 The...
1 16 17 18 19 20 45
Scroll to Top