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 10(23FBC)- Tax Exemption for income earned by a Unit Holder from a Specified Fund
Section 10(23FBC) of the Income Tax Act provides a tax exemption for income earned by a unit holder from...
Read More
Liability of Person in respect of Income Included in the Income of Another Person [Section 65]
Section 65 clarifies the tax liability of the transferee (recipient of income/assets) when income is...
Read More
Section 10(10C)- Tax Exemption on Voluntary Retirement Compensation
Section 10(10C) of the Income Tax Act provides tax exemption on compensation received by an employee...
Read More
Section 10(5)-Leave Travel Concession (LTC)
Section 10(5) of the Income Tax Act, 1961, provides an exemption for Leave Travel Concession (LTC) or Leave...
Read More
Section 206C: Tax Collected at Source (TCS) on Sale of Specified Goods like Alcoholic Liquor, Forest Produce, Scrap, Minerals, And Motor Vehicles
Section 206C of the Income Tax Act, 1961 mandates sellers to collect tax at source (TCS) from buyers...
Read More
Section 10(12A)- Tax Exemption on NPS (National Pension System) Withdrawals
Section 10(12A) of the Income Tax Act, 1961 provides important tax benefits for withdrawals from the...
Read More
Special Procedure to be followed by Manufacturer of Certain Goods under GST
Introduction- The CBIC vide Notification No. 04/2024 – Central Tax dated January 05, 2024, notified the...
Read More
Indexed Cost of Acquisition [Explanation (iii) to Section 48]
Explanation (iii) to Section 48 of the Income Tax Act, 1961, defines the indexed cost of acquisition for...
Read More
Income Escaping Assessment [Section 147]
Section 147 empowers the Assessing Officer (AO) to reassess or recompute income that has escaped taxation in...
Read More
Section 55(2) - Cost of Acquisition of Capital Asset for Computing Capital Gain
Section 55(2) of the Income Tax Act, 1961, provides crucial rules for determining the cost of acquisition of...
Read More
Section 10(15)- Tax Exemption on Interest Income
This section provides tax exemptions on certain types of interest income earned from specified bonds,...
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
Procedure in Hearing Appeal [Section 250]
Section 250 of the Income Tax Act, 1961 governs the procedure followed by the Commissioner of Income...
Read More
Tax Treatment of Income which is Partly Agricultural and Partly from Business [Rules 7,7A,7B,8]
Tax Treatment of Partly Agricultural and Partly Non-Agricultural Income Tax Treatment of on Composite...
Read More
Exemption of income of a Non-Resident as a result of transfer of non-deliverable forward contracts entered into with an offshore banking unit of International Financial Services Centre (IFSC) [Section 10(4E)] [Inserted W.e.f. A.Y. 2022-23]
Section 10(4E) of the Income Tax Act, 1961 provides an exemption from tax on income arising from the...
Read More
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...
Read More
[Section 192A]: Deduction of Tax from Recognized Provident Fund Withdrawals
Section 192A of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on premature withdrawals...
Read More
Situations Where No Tax is to be Deducted at Source (TDS Exemptions)
The Income Tax Act, 1961, provides specific cases where TDS is not required to be deducted, even if the...
Read More
[Section 111A] : Tax on Short-Term Capital Gains in case of Equity Shares and Units of Equity Oriented Fund
Here we describe all the Provisions towards Calculation of Tax on Short-term Capital Gains under Section...
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
1 5 6 7 8 9 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 5 6 7 8 9 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 5 6 7 8 9 45
Scroll to Top