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
Understanding of Section 56(2)(i) In India, the taxation of dividends is governed by the provisions of...
INTRODUCTION- The Goods and Services Tax (GST) is a comprehensive and multi-stage tax system that aims...
1. Source of the funds or any other sum provided by the lender to the borrower and credited in hooks...
Section 10(44) of the Income Tax Act, 1961 provides for exemption from income tax in India in respect...
National Pension System (NPS) is a retirement benefit Scheme introduced by the Government of India to...
Notification No. 08/2025 [F. No. 370153/01/2025-TPL] Dated 20th January, 2025 MINISTRY OF FINANCE (Department...
Amendment of section 7. 151. In the Union Territory Goods and Services Tax Act, 2017 (14 of 2017.) (hereinafter...
Note: (a) “Basic Customs Duty (BCD)” means the customs duty levied under the Customs Act, 1962....
The taxation of dividends in India has undergone significant changes over the years. This article aims...
According to Section 10(7), allowances or perquisites received by an employee outside of India for rendering...
House Rent Allowance (HRA) is a common component of most employees’ salary packages. It is provided...
Gratuity is a significant part of an employee’s remuneration package. It is a payment made by an employer...
Death-cum-Retirement Gratuity is an important financial benefit provided to employees in India. It is...
Form 10-IEA is a crucial document for taxpayers for AY 2024-2025 and onwards. It allows individuals and...
1. Litigation management when in an appeal by revenue an identical question of law is pending before...
Income under the head ‘Income from House Property’ under Section 22 to 27 has been described with practical...
(A) In the case of every Individual or Hindu Undivided Family (HUF) (A1) If the individual or HUF...
Under the Explanation to section 288(2), an “accountant” means a chartered accountant within...
Section 9 of the Income Tax Act, 1961 is an important provision that deals with the taxation of income...
1. What is equalization levy (EL)? This is a tax leviable on consideration received or receivable by...
Knowledge Base on Taxation
It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.
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...
Under the Income Tax Act, 1961, individuals and Hindu Undivided Families (HUFs) can claim exemptions...
The Income Tax Act, 1961, includes specific provisions to protect the interests of Micro, Small, and...
Section 147 of the Income Tax Act, 1961, deals with the reassessment of income if the Assessing Officer...
Section 115BAB of the Income Tax Act, 1961, was introduced by the Finance Act, 2019, to provide a lower...
TDS on Salary (Section 192) and TDS on Provident Fund (Section 192A) are provisions under the Income...
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...