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 80CCC: Deduction for Contribution to Pension Funds
Applicable to: Individuals This section allows a deduction for contributions made to approved pension...
Read More
Return of Income for Political Parties [Section 139(4B)]
Under Section 139(4B) of the Income Tax Act, 1961, political parties in India are mandatorily required to...
Read More
Chargeability & Basic of Charges of Income from House Property (Section 22)
Section 22 of the Income Tax Act, 1961, defines when and how income from house property becomes taxable. 1....
Read More
Section 10(23FE)-Tax Exemption for Income of a Specified Person in the nature of Dividend, Interest or Long-Term Capital Gain
Section 10(23FE) of the Income Tax Act provides a tax exemption for certain types of income earned by...
Read More
Amount received as Leave Encashment on Retirement [Section 10(10AA)]
Leave encashment refers to the amount received by an employee in exchange for unused leave balance at...
Read More
Interest when not Deductible from “Income from House Property” [Section 25]
Section 25 of the Income Tax Act lays down a specific disallowance: certain types of interest payments...
Read More
Investment in National Saving Certificate (NSC)
The National Savings Certificate (NSC) is a fixed Income Investment scheme that you can open with any...
Read More
TDS on Insurance Commission [Section 194D]
Section 194D of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made as insurance...
Read More
Collection and Recovery of Equalization Levy [Section 166 And Section 166A]
Here’s a detailed breakdown of the collection and recovery of Equalisation Levy (EL) under Sections 166...
Read More
MAT Credit Mechanism Under Section 115JAA (Tax Credit for MAT Paid Against Future Tax Liability)
1. Purpose of Section 115JAA Allows companies to claim creditfor excess MAT paid (when MAT > normal...
Read More
Deduction of Tax at Source (TDS)
The Deduction and Collection of Tax at Source (TDS/TCS) provisions under the Income Tax Act, 1961 are...
Read More
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
Income of a Local Authority [Section 10(20)]
Section 10(20) of the Income Tax Act, 1961 provides exemption from income tax for the income of a local...
Read More
Taxability of Income of Charitable / Religious Trusts Under Section 164(2)
Section 164(2) of the Income Tax Act, 1961, deals with the taxation of discretionary trusts, including charitable...
Read More
Section 10(23BBE)- Tax Exemption for the income of the Insurance Regulatory and Development Authority (IRDA)
Section 10(23BBE) of the Income Tax Act provides a complete tax exemption for the income of the Insurance...
Read More
Entertainment Allowance: Tax Treatment & Example
1. Definition & Applicability Entertainment Allowance is a special allowance given to employees to...
Read More
Tax Treatment of Family Pension Payments Received by Legal Heirs of a Deceased Employee
Here’s a detailed analysis of the tax treatment of family pension payments received by legal heirs of...
Read More
[Section 273AA] : Power of Principal Commissioner / Commissioner to Grant Immunity from Penalty
Section 273AA of the Income Tax Act, 1961, empowers the Principal Commissioner or Commissioner to grant...
Read More
Features of Assessment of a Firm including Limited Liability Partnership (LLP)
1. Firm to be Assessed as Firm Essential conditions prescribed under section 184 of the Income-tax Act,...
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 a critical provision that determines when income is considered...
Read More
1 3 4 5 6 7 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 3 4 5 6 7 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 3 4 5 6 7 45
Scroll to Top