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
The Capital Gains Accounts Scheme (CGAS) 1988 is a scheme under the Income Tax Act, 1961, in India. It...
Section 10(37) of the Income Tax Act, 1961 provides for the exemption of capital gains on compensation...
Section 80DD of the Income Tax Act in India provides a deduction for individuals or Hindu Undivided Families...
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Amendment of section 7. 151. In the Union Territory Goods and Services Tax Act, 2017 (14 of 2017.) (hereinafter...
Under Section 10(2) of the Income Tax Act, 1961, the sum received by a member from a Hindu Undivided...
Gratuity is a significant part of an employee’s remuneration package. It is a payment made by an employer...
Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl...
An approved research association refers to an organization that is primarily engaged in scientific research....
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment...
1. Section 35(1A) relating to Filing Of Statement of any sum received by a Research Association, University,...
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
Understanding of Section 80P Section 80P of the Income Tax Act, 1961 provides a deduction in respect...
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
Under the Income Tax Act, individuals and Hindu Undivided Families (HUFs) have the option to be taxed...
A Post Office Savings Account is one of the most popular and accessible savings accounts in India. The...
1. Allowances- Income under the head Salaries Allowance is a fixed monetary amount paid by the employer...
The transformation of a Partnership Firm or a Proprietorship Firm into a Private Limited Company is a...
1. Enabling the Commissioner (Appeals) to levy Penalty under Section 271AAB. 271AAC and 271AAD of the...
1. What is PAN? PAN stands for Permanent Account Number. PAN is a ten-digit unique alphanumeric number...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
1. What is equalization levy (EL)? This is a tax leviable on consideration received or receivable by...
The Finance (No. 2) Bill, 2024, has introduced several significant amendments to the capital gains tax...
Understanding the intricacies of advance tax and self-assessment tax is crucial for both compliance and...
Section 234C of the Income Tax Act, 1961, pertains to the levy of interest for deferment of advance tax....
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
Tax Audit Forms The Incomes prescribed two types of forms for tax audit: Audit Report: The audit report...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
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...
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...