Sukanya Samriddhi Account is a Government of India backed saving scheme targeted at the parents of girl...
1. Litigation management when in an appeal by revenue an identical question of law is pending before...
Trade unions play a crucial role in protecting the rights and interests of workers. They negotiate with...
Under the Indian Income Tax Act, 1961, the taxability of income from letting out of machinery, plant,...
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1. Scope of Total Income / Incidence of Tax [Section 5]
Total income of an assessee cannot be computed...
Here we discuss all the Provisions towards Computation of Capital Gain in certain Special Cases and the...
Under Section 54G, the Exemption is available to all categories of assessees in respect of Capital Gain...
A recognized provident fund is a retirement savings scheme that is approved by the government. It is...
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Permanent Account Number (PAN) is a unique ten-digit alphanumeric code issued by the Income Tax Department...
Under the Income Tax Act, there are certain provisions that govern the taxation of income earned by minors....
(A) In the case of every Individual or Hindu Undivided Family (HUF)
(A1) If the individual or HUF...
Term life insurance, also known as pure life insurance, is a type of life insurance that guarantees payment...
1. Source of the funds or any other sum provided by the lender to the borrower and credited in hooks...
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[Section 46A] : Capital Gains on Purchase by Company of its Own Shares or Other Specified Securities
(1) Capital gains tax is an important aspect of the Indian Income Tax Act, 1961. Section 46A of...
1. Provision by the employer of services of a Sweeper, a Gardener, a Watchman or Personal Attendant...
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An Electoral Trust is a unique entity that plays a crucial role in the political funding of political...
(1) Unit Linked Insurance Policies (ULIPs) have gained popularity as a dual investment-cum-insurance...
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
Section 80DDB of the Income Tax Act in India provides a deduction for individuals and Hindu Undivided...
Section 54H of the Income Tax Act, 1961 in India provided for an extension of time for acquiring a new...