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
Overview of Section 10(6C)
Section 10(6C) provides a tax exemption to foreign companies on income received...
1. Covered Entities (Section 10(23C))
The following enjoy 100% tax exemption on their income:
Funds/institutions...
1. What is PAN?
PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number...
Section 43CB of the Income Tax Act, 1961 standardizes the computation of income from construction contracts and service...
1. Legal Requirement
Section 206Amandates specified entities to file statements for payments made to...
Section 57 of the Income Tax Act, 1961, permits specific deductions while computing taxable income under...
Retrenchment compensation is the amount paid to a workman (employee) at the time of termination of employment...
Purpose:
This section provides a tax exemption on family pension received by the widow or children of...
Notification No. 04/2025 [F. No. 196/1/2023-ITA-I] Dated 3nd January, 2025
MINISTRY OF FINANCE
(Department...
Applicable to: Individuals & HUFs
This section provides tax benefits for health-related expenditures,...
Section 194A mandates Tax Deducted at Source (TDS) on interest payments (excluding interest on securities)...
Section 50C of the Indian Income Tax Act, 1961, is applicable to the computation of capital gains in...
Under Section 10(2) of the Income Tax Act, 1961, the sum received by a member from a Hindu Undivided...
Section 80DD of the Income Tax Act in India provides a deduction for individuals or Hindu Undivided Families...
Section 10(4B) of the Income Tax Act, 1961 in India provides an exemption for interest income earned...
Section 142 empowers the Assessing Officer (AO) to conduct a preliminary inquiry before finalizing an...
Section 244A of the Income Tax Act, 1961, governs the interest paid by the Income Tax Department to taxpayers...
Section 44AA of the Income Tax Act, 1961, mandates certain taxpayers to maintain books of accounts, while Rule...
Chargeability/Scope/Meaning of Income under the head “Profits and Gains of Business and Profession” under...
Section 194-O of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made by e-commerce...
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...