Section 10(23FB) of the Income Tax Act provides a tax exemption for income earned by a Venture Capital...
Understanding and Conditions of Section 115F
As a Non-Resident Indian (NRI), understanding the tax implications...
Chapter VI-A of the Income Tax Act, 1961, provides various deductions from Gross Total Income (GTI) to...
Section 10(23BBF) of the Income Tax Act provides a phased tax exemption for the North-Eastern Development...
Introduction
The Goods and Services Tax (GST) registration process in India has seen a significant shift...
As per Section 54D, the Capital Gain arising from the transfer, by way of compulsory acquisition under...
Under the Income Tax Act, 1961, certain expenses are expressly disallowed while computing taxable income...
(1) In the world of business and taxation, there are various provisions and regulations that govern...
Section 10(12) of the Income Tax Act governs the tax treatment of withdrawals from a Recognised Provident...
Provident Fund (PF) is a social security scheme in India that provides financial assistance to employees...
Under the Income Tax Act, 1961, the Principal Chief Commissioner (PCCIT), Chief Commissioner (CCIT),...
Ministry of Finance
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Income tax laws in India provide various deductions and exemptions to taxpayers, helping them reduce...
The Budget 2025 proposed new tax slab rates under section 115BAC i.e., the New Tax Regime or the Default...
1. Provisions of Section 79 not to apply In case of Strategic Disinvestment of Public Sector Companies...
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
Section 10(23FF) of the Income Tax Act provides a targeted capital gains exemption for non-residents...
Section 158AA of the Income Tax Act, 1961 (inserted via Finance Act, 2015) provides a mechanism to prevent...
Purpose:
This section provides a tax exemption on family pension received by the widow or children of...
Section 234D of the Income Tax Act, 1961, mandates that taxpayers repay excess refunds received during...