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
The Income Tax Bill 2025 will come into effect from April 1, 2026, after it is vetted by a Select Committee...
Following Business are required to get their Accounts compulsory Tax Audited by a Chartered Accountant...
Section 80DDB of the Income Tax Act in India provides a deduction for individuals and Hindu Undivided...
S.O. 1905(E) – In exercise of the powers conferred by sub-section (1) and sub-section (2) of section...
Leave encashment refers to the amount received by an employee in exchange for unused leave balance at...
An individual may either be a: (a) Resident in India; or (b) Deemed to be Resident In India...
The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 12/2024–Central...
Order No. [F. No. 225/17/2025-ITA-II] Dated 28th January, 2025 MINISTRY OF FINANCE (Department of Revenue)...
In the realm of Goods and Services Tax (GST), the efficient utilization and handling of Input tax credit (ITC)...
The following Essential & Basic Rules have to be kept in mind while calculating Deductions under...
1. Source of the funds or any other sum provided by the lender to the borrower and credited in hooks...
When it comes to dealing with various processes and procedures, understanding the time limits, forms,...
1. Making changes or Correction in PAN data Suppose an applicant needs to change or correct a data on...
Under Section 56(2)(ib) of the Indian Income Tax Act, 1961, income from winnings is subject to taxation....
Notified special allowance is an allowance that has been notified by the Central Government under Section...
The Government of India has introduced a new Amnesty Scheme under GST, notified via Notification No. 17/2024 –...
Navigating the complexities of Goods and Services Tax (GST) can be challenging for businesses, especially...
Understanding of Section 54 When an individual sells a residential house property, they are liable to...
Section 10(19) of the Income Tax Act provides an exemption for the family pension received by the family...
The tax treatment of interest, premium, or bonus on specified investments is governed by Section 10(15)...
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...