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
Interest income is one of the common sources of income for individuals and businesses alike. When it...
Employee Stock Option Plans (ESOPs) are popular mechanisms through which companies attract, retain, and...
An individual may either be a: (a) Resident in India; or (b) Deemed to be Resident In India...
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...
1. Agricultural Income [Section 10(1)] As per Section 10(1) of the Income Tax Act, agricultural income...
Amendment of section 9. 110. In the Central Goods and Services Tax Act, 2017 (12 of 2017.) (hereinafter...
Political parties play a crucial role in any democratic society. They serve as the voice of the people,...
A Notified Institution refers to any entity or body corporate established by the Central Government or...
As already discussed, motor car/other vehicles, provided by the employer, is a perquisite only for specified...
1. Source of the funds or any other sum provided by the lender to the borrower and credited in hooks...
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
Section 10(10A) of the Income Tax Act in India relates to the tax treatment of payments made in commutation...
According to Section 10(2A), any share of profit received by a partner from a firm is exempt from tax....
1. [Section 80C]: Deduction in respect of Life Insurance Premium, Deferred Annuity, Contributions to...
Section 56(2)(viib) of the Income Tax Act, 1961, is a provision that pertains to closely-held companies...
Under the Income Tax Rules/ Act, certain taxpayers are required to get their accounts audited and submit...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Section 10(46) of the Income Tax Act, 1961 provides for exemption from income tax of the specified income...
Chargeability/Scope/Meaning of Income under the head “Profits and Gains of Business and Profession” under...
Here we describe all the Provisions towards Calculation of Tax on Short-term Capital Gains under Section...
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...