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
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl...
Leave encashment refers to the practice of converting accumulated leave into cash. Many organizations...
This article delves into the legal framework surrounding cash seizure, the grounds on which authorities...
A Notified Institution refers to any entity or body corporate established by the Central Government or...
Under Section 10(4D) of the Income Tax Act, a specified fund is eligible for certain exemptions on its...
Understanding of Section 54 When an individual sells a residential house property, they are liable to...
Section 139AA was introduced in the Income Tax Act, 1961, with effect from July 1, 2017, to make it mandatory...
1. Introduction to Section 80CCD Section 80CCD of the Indian Income Tax Act, 1961, provides for deductions...
1. [Section 56(2)]: List of Incomes included under ‘Income from Other Sources’ There are many incomes...
Introduction- The CBIC vide Notification No. 04/2024 – Central Tax dated January 05, 2024, notified the...
Section 10(10B) of the Income Tax Act in India provides an exemption for compensation received by employees...
Section 80RRB of the Income Tax Act, 1961, provides for a deduction in respect of royalty income received...
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi...
As already discussed, motor car/other vehicles, provided by the employer, is a perquisite only for specified...
Here we discuss all the Provisions towards Computation of Capital Gain in certain Special Cases and the...
1. Allowances- Income under the head Salaries Allowance is a fixed monetary amount paid by the employer...
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
Leave encashment refers to the amount received by an employee in exchange for unused leave balance at...
Death-cum-Retirement Gratuity is an important financial benefit provided to employees in India. It is...
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....
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...