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
Retirement planning is crucial for employees to ensure financial security post-retirement while minimizing...
Understanding of Section 80D
Section 80D of the Income Tax Act provides individuals with a deduction...
Section 193 of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest earned from...
Under Section 10(17A) of the Income Tax Act, any award or reward received by an individual in recognition...
Section 140A mandates taxpayers to self-assess their income, calculate tax liability, and pay any outstanding...
The Income Tax Act contains provisions to prevent tax avoidance by transferring income to other persons...
1. When Does This Apply?
When the taxpayer calculates their own advance tax liability(not based on the...
1. Key Features of Section 69B
Objective: Targets underreported investmentswhere actual expenditure...
Section 132 of the Income Tax Act empowers tax authorities to conduct searches and seize undisclosed...
Unrealised rent refers to rental income that is due but not received from a tenant. The Income Tax Act,...
Section 80DD of the Income Tax Act in India provides a deduction for individuals or Hindu Undivided Families...
The Supreme Court of India’s decision in the case of Chief Commissioner of Central Goods and Services...
Section 10(23B) of the Income Tax Act provides a tax exemption for income earned by certain institutions...
1. Legal Definition
Primary Responsibility: The person legally obligated to deduct TCS/TDS under the...
Under the Employees’ Provident Fund (EPF) scheme, employers are required to contribute to a Recognised...
Gratuity is a lump-sum payment made by an employer to an employee as a token of appreciation for long-term...
1. Making changes or Correction in PAN data
Suppose an applicant needs to change or correct a data on...
Applicable to: DPIIT-recognized startups (Private Companies/LLPs)
This section provides a 100% tax deduction...
Section 80GG of the Income Tax Act allows individuals to claim deductions for the rent paid when they...
A format to compute the capital gain is given below:
Computation of Short-term Capital Gains
Full...
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...