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
Introduced by the Finance Act, 2023, these provisions impose a “Ceasing Tax” on charitable/religious...
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment...
What is Assessment?
Assessment under the Income Tax Act, 1961 refers to the process by which the Income...
Explanation (iv) to Section 48 of the Income Tax Act, 1961, governs the indexation of improvement costs for...
A Notified Institution refers to any entity or body corporate established by the Central Government or...
Voluntary Retirement Scheme (VRS) is a mechanism used by companies to reduce their workforce by offering...
E-Invoicing has been implemented in India in a phased manner since 1st October 2020. Let us discuss whether...
The article you’re viewing discusses significant changes to the regulations governing Charitable Trusts...
Section 206C(1G) of the Income Tax Act, 1961 mandates Tax Collected at Source (TCS) on:
Outbound remittancesunder...
1. Legal Provision
Section 206C (7)mandates that sellers/collectors must pay interest if they:
Fail...
1. Business [Section 2(13)]
Business includes:
Any trade, commerce, or manufacturing activity;
Any adventure...
Section 10(23BB) of the Income Tax Act provides a tax exemption for the income of a Khadi and Village...
Under Section 10(4D) of the Income Tax Act, a specified fund is eligible for certain exemptions on its...
(A) In the case of every Individual or Hindu Undivided Family (HUF)
(A1) If the individual...
Yes, a tax audit under Section 44AB is compulsory even if the accounts are already audited under:
Other...
When non-residents (NRIs/Foreign Investors) transfer shares/debentures of Indian companies, special tax...
Where any person receives at any time during any previous year any money or other assets under an insurance...
Section 191 provides for situations where tax is not deducted at source (TDS) as required under other...
Here’s a detailed analysis of the taxability of interest on compensation or enhanced compensation under...
Section 10(1) of the Income Tax Act, 1961, provides a full exemption for agricultural income, meaning...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department.
These...
INTRODUCTION:
Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
Section 194-I of the Income Tax Act, 1961, a crucial piece of legislation in India, governs the taxation...
Press Release by PIB (Press Information Bureau)
Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.
Ministry of Finance
HIGHLIGHTS OF UNION BUDGET 2025-26
Posted On: 01 FEB 2025 1:29PM by PIB Delhi
PART...
Ministry of Finance
Posted On: 22 JAN 2025 8:09PM by PIB Delh
CBDT notifies amendments in Income-tax...
A. Purpose of CRS and FATCA
In this globalized economy, tax transparency and compliance has become paramount...
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...