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

Definition of "Business" and "Profession" under the Income Tax Act, 1961
1. Business [Section 2(13)] Business includes: Any trade, commerce, or manufacturing activity; Any adventure...
Read More
Section 115BBE: Taxation of Unexplained Income in Business & Profession
Section 115BBE of the Income Tax Act, 1961 imposes a flat 60% tax rate (plus 25% surcharge and 4% cess,...
Read More
Furnishing of Statement [Section 167]
Section 167 of the Finance Act, 2016 (Chapter VIII) governs the furnishing of statements for the Equalisation...
Read More
Remedies Against Orders of the Income Tax Appellate Tribunal (ITAT)
The Income Tax Appellate Tribunal (ITAT) is the final fact-finding authority under the Income Tax Act,...
Read More
Section 292B: Return of Income, Assessment, etc., Not Invalid on Certain Grounds
Section 292B of the Income Tax Act, 1961, protects income tax proceedings from being invalidated due...
Read More
[Section 218]: Assessee Deemed to be in Default
Section 218 of the Income Tax Act, 1961 deals with situations where a taxpayer is considered to be in...
Read More
Section 191: Direct Payment by the Assessee in Certain Cases
Section 191 provides for situations where tax is not deducted at source (TDS) as required under other...
Read More
Managing Input Tax Credit (ITC) Transitions and Reversals in GST
In the realm of Goods and Services Tax (GST), the efficient utilization and handling of Input tax credit (ITC)...
Read More
Table Showing How to Compute “Profits and Gains of Business and Profession” ((As per Sections 28 to 44D)
PARTICULARS AMOUNT (₹) REMARKS Gross Receipts (Sales/Fees) XXX Total business income Less: Cost...
Read More
Section 9: Incomes which Accrue or Arise in India or are Deemed to Accrue or Arise in India
Section 9 of the Income Tax Act, 1961 is an important provision that deals with the taxation of income...
Read More
Orders of Appellate Tribunal (ITAT) [Section 254]
The Income Tax Appellate Tribunal (ITAT) derives its adjudicatory powers from Section 254 of the Income...
Read More
Exemption for Compensation received or receivable on account of any Disaster [Section 10(10BC)]
When a disaster strikes, it can cause immense damage to life and property. In such difficult times, the...
Read More
[Section 80RRB]: Deduction in respect of Royalty on Patents
Section 80RRB of the Income Tax Act, 1961, provides for a deduction in respect of royalty income received...
Read More
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,...
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
Inspection, Search, and Seizure Powers of Tax Authorities under Section 67 of the CGST Act, 2017
Section 67 of the Central Goods and Services Tax (CGST) Act, 2017 deals with the inspection, search,...
Read More
Self-Assessment Under Section 140A
Section 140A mandates taxpayers to self-assess their income, calculate tax liability, and pay any outstanding...
Read More
Retrenchment Compensation received by Workmen [Section 10(10B)]
Retrenchment compensation is the amount paid to a workman (employee) at the time of termination of employment...
Read More
[Section 54]- Capital Gains Exemption on Sale of Residential House Property
Section 54 of the Income Tax Act, 1961 provides tax exemption on long-term capital gains (LTCG) arising...
Read More
[Section 234A (3)]: Interest for Default in Furnishing Return of Income Under Section 148
Section 234A(3) of the Income Tax Act, 1961, deals with interest payable when an assessee fails to file...
Read More
1 34 35 36 37 38 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 34 35 36 37 38 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 34 35 36 37 38 45
Scroll to Top