Here we describe all the Provisions towards Calculation of Tax on Short-term Capital Gains under Section...
Under Section 23(5) of the Income Tax Act, 1961, a key exemption applies to real estate developers and...
Section 139AA was introduced in the Income Tax Act, 1961, with effect from July 1, 2017, to make it mandatory...
Under Section 10(35A) of the Act, any income received by an investor from a securitisation trust is exempt...
Section 194-I of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on rent payments exceeding...
Section 10(23BBE) of the Income Tax Act provides a complete tax exemption for the income of the Insurance...
Section 79 of the Income Tax Act, 1961, imposes strict restrictions on the carry-forward and set-off...
A recognized provident fund is a retirement savings scheme that is approved by the government. It is...
With the increasing concerns about climate change and the need to reduce pollution, there has been a...
Under Section 139(4C) of the Income Tax Act, 1961, specific categories of non-profit entities must file...
Section 139(4) of the Income Tax Act, 1961, allows taxpayers to file a belated return if they miss the...
Tax incentives to International Financial Services Centre
International Financial Services Centre (IFSC)...
Section 10(23EA) of the Income Tax Act provides a tax exemption for income received by an Investor Protection...
Section 10(4D) of the Income Tax Act, 1961 in India provides an exemption for certain income earned by...
The commuted value of pension refers to the lump sum amount received by an employee in lieu of a portion...
The Inverted Duty Structure (IDS) under the Goods and Services Tax (GST) regime is a situation where...
Under Section 248 of the Income Tax Act, 1961, a person who denies liability to deduct tax at source...
In the era of GST, the removal of check posts nationwide aimed to streamline the movement of goods within...
1. Documents Required to Apply for NRI PAN Card
As a Non-Resident Indian (NRI), obtaining a Permanent...
Learn everything about Section 194K TDS on mutual fund dividends. Discover the new ₹10,000 threshold...