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

Payment in Commutation of Pension received by the Employees [Section 10(10A)]
Section 10(10A) of the Income Tax Act in India relates to the tax treatment of payments made in commutation...
Read More
Commuted Value of Pension Received [Section 10(10A)]
The commuted value of pension refers to the lump sum amount received by an employee in lieu of a portion...
Read More
[Section 206CB]: Processing of Statements of Tax Collected at Source (TCS)
Here’s a detailed explanation of Section 206CB: Processing of Statements of Tax Collected at Source...
Read More
Section 10(14)-Tax Exemption for Special Allowance received by Employee to meet Expenses incurred in performance of Official Duties
This section provides exemption for certain allowances received by employees to meet expenses incurred in...
Read More
Unexplained Investments Under Section 69
1. Key Features of Section 69 Objective: Targets unexplained investments(e.g., property, gold, shares)...
Read More
Mandating Electronic Payment Acceptance (Sections 269SU & 271DB)
To promote digital transactions, the Income Tax Act mandates certain businesses to compulsorily accept...
Read More
Tax Deduction and Collection Account Number (TAN) – Section 203A & Rule 114A
1. Legal Basis and Purpose Section 203Amandates obtaining a 10-digit alphanumeric TAN for entities deducting/collecting...
Read More
Amounts Not Deductible [Section 40]
Under the Income Tax Act, 1961, certain expenses are expressly disallowed while computing taxable income...
Read More
Clubbing of Income – Section 60 to 65
1.  Introduction to Clubbing of Income The Indian Income Tax Act, 1961, has provisions that prevent taxpayers...
Read More
[Section 284]: Service of Notice in Case of Discontinued Business
Section 284 of the Income Tax Act, 1961, governs how notices, orders, or summons must be served when...
Read More
Section 80EEB: Deduction in respect of Purchase of Electric Vehicle
With the increasing concerns about climate change and the need to reduce pollution, there has been a...
Read More
Order Under Section 138(1) of the Income-Tax Act, 1961 – F. No. 225/235/2024/ITA-II
Order No. [F. No. 225/235/2024/ITA-II] Dated 31st January, 2025 MINISTRY OF FINANCE (Department of Revenue) Order...
Read More
Set Off or Carry Forward and Set Off of Losses [Section 70 to 80]
The Income Tax Act, 1961 provides detailed provisions under Sections 70 to 80 for setting off and carrying...
Read More
Section 206C(1B) & Rule 37C (3): Compliance for TCS Exemption Declarations
1. Legal Provision Overview Section 206C(1B): Mandates that sellers(collectors of TCS) must submit buyer...
Read More
Section 80CCE: Combined Limit for Deductions under 80C, 80CCC & 80CCD
Applicable to: All Individual & HUF Taxpayers This section caps the total deductions available under...
Read More
Section 10(34A)- Tax Exemption for Shareholders on income received from a Buy-Back of Shares by a Domestic Company
Section 10(34A) of the Income Tax Act provides a tax exemption for shareholders on income received from...
Read More
Procedure for Assessment of Search Cases [Sections 153A, 153B, 153C & 153D]
The Income Tax Act, 1961, provides a special procedure for assessments in search cases to ensure thorough...
Read More
Carry Forward and Set Off of Loss from House Property [Section 71B]
Section 71B of the Income Tax Act, 1961, governs the carry forward and set-off of losses from house property,...
Read More
[Section 210(1)]: Payment of Advance Tax by the Assessee on Their Own Accord
1. Overview Under Section 210(1) of the Income Tax Act, 1961, taxpayers liable for advance tax must voluntarily...
Read More
Understanding Income Tax (Section 1 To 4)
The Income Tax Law in India is a complex and ever-changing set of regulations that govern the taxation...
Read More
1 4 5 6 7 8 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 4 5 6 7 8 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 4 5 6 7 8 45
Scroll to Top