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 55(2) of the Income Tax Act, 1961, provides crucial rules for determining the cost of acquisition of...
Under the Income Tax Act, brought forward losses must be set off against eligible income in the immediately...
Section 45(3) of the Indian Income Tax Act, 1961, deals with the taxation of capital gains arising from...
Introduction
Agricultural land is a significant asset in India, providing employment to many people and...
Notification No. 06/2025 [F. No. 275/108/2024-IT(B)] Dated 6th January, 2025
MINISTRY OF FINANCE
(Department...
Section 10(10B) of the Income Tax Act in India provides an exemption for compensation received by employees...
as per Part “C” of Schedule II of the Companies Act, 2013 after making following assumptions:
The...
Section 74A of the Income Tax Act, 1961, provides specific rules for the treatment of losses incurred...
Section 10(19) of the Income Tax Act provides an exemption for the family pension received by the family...
Section 80DDB of the Income Tax Act in India provides a deduction for individuals and Hindu Undivided...
1. Key Features of Section 69
Objective: Targets unexplained investments(e.g., property, gold, shares)...
Understanding of Capital Gain
When it comes to the transfer of shares or debentures by non-residents,...
These sections govern how notices, summons, orders, and other communications must be served by the Income...
Section 115JB(4) of the Income Tax Act, 1961, mandates that companies liable for Minimum Alternate Tax...
Here’s a detailed breakdown of tax-free perquisites applicable to all employees under the Income Tax...
A. Changes in Basic Customs Duty (to be effective from 24.07.2024)
S. No.
Chapter, Heading, sub-...
To promote digital transactions, the Income Tax Act mandates certain businesses to compulsorily accept...
Section 73A of the Income Tax Act, 1961, governs the treatment of losses incurred in specified businesses under Section...
(1) Introduction to Section-71 (Inter-Head Adjustment)
Under the Indian Income Tax Act, 1961, taxpayers...
Section 54G of the Income Tax Act, 1961, provides tax exemption on capital gains arising from the transfer...
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.
These...
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...