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
Notification No. 05/2025 [F. No. 300196/37/2019-ITA-I] Dated 3nd January, 2025 MINISTRY OF FINANCE (Department...
Section 10(10D) of the Income Tax Act deals with the tax treatment of the sum assured received from a...
Revocation of Cancellation of Registration under GST is a process that allows a taxpayer to restore their...
1. Rationalization of provisions of TDS on sale of immovable property [Section 194-IA amended w.e.f....
A. Changes in Basic Customs Duty (to be effective from 24.07.2024) S. No. Chapter, Heading, sub- heading,...
The rules for valuation of specified fringe benefits or amenities arc as under: 1. Interest Free Or...
(1) Conditions to be satisfied for applicability of Section 112A [Section 112A(1)]: Notwithstanding...
(1) Introduction to Section-71 (Inter-Head Adjustment) Under the Indian Income Tax Act, 1961, taxpayers...
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
1. Gratuity Gratuity is a payment made by the employer to an employee in appreciation of the past services...
Notwithstanding anything contained in sections 30 to 38, the following amounts shall not be deducted...
A recognized provident fund is a retirement savings scheme that is approved by the government. It is...
Any expenditure (not being expenditure of the nature described in sections 30 to 36) and not of capital...
1. Section 35(1A) relating to Filing Of Statement of any sum received by a Research Association, University,...
The provisions, which are being discussed under various sub-sections of section 40A have overriding effect ...
Zero-coupon bonds, also known as deep discount bonds, are fixed-income securities that do not pay periodic...
Section 43B- Deductions Allowed only on Actual Payment -Profits and Gains of Business and Profession
Under Section 43B, some of the Expenses are allowed and can be claimed by the Assessee only in the year...
Notification No. 08/2025 [F. No. 370153/01/2025-TPL] Dated 20th January, 2025 MINISTRY OF FINANCE (Department...
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
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.
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...