The National Savings Certificate (NSC) is a fixed Income Investment scheme that you can open with any...
Notified special allowance is an allowance that has been notified by the Central Government under Section...
Section 73A of the Income Tax Act, 1961, governs the treatment of losses incurred in specified businesses under Section...
This section provides exemption for certain allowances received by employees to meet expenses incurred in...
Section 73 of the Income Tax Act, 1961, governs the treatment of speculation business losses, imposing...
Section 157 deals with the communication of losses determined by the Assessing Officer (AO) to taxpayers....
Under Section 23(2) to (4) of the Income Tax Act, 1961, a self-occupied residential property (SOP) is...
Under Section 253 of the Income Tax Act, 1961, appeals can be filed before the Income Tax Appellate Tribunal...
Under Section 248 of the Income Tax Act, 1961, a person who denies liability to deduct tax at source...
An Income Tax Survey is a legal procedure under Section 133A of the Income Tax Act, 1961, where tax authorities...
The Indian Income Tax Act, 1961, governs the taxation of various sources of income in India. One such...
Section 194BB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on winnings from horse...
INTRODUCTION:
Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
(1) Unit Linked Insurance Policies (ULIPs) have gained popularity as a dual investment-cum-insurance...
(1) Introduction to Section-71 (Inter-Head Adjustment)
Under the Indian Income Tax Act, 1961, taxpayers...
1. Applicability
Section 56(2)(ib) covers casual and non-recurring income from:
Lotteries(including...
This Trust Deed is made and executed on this [Date] day of [Month], [Year] at [Place] by:
SETTLOR:
Name:...
Section 218 of the Income Tax Act, 1961 deals with situations where a taxpayer is considered to be in...
Under the Income Tax Act, 1961, the Commissioner of Income Tax (Exemption) [CIT(E)] has the authority...
Section 281B of the Income Tax Act, 1961, deals with the Provisional Attachment of Property to Protect...