Direct Tax

CBDT Direction to AO Verification in Entertainment industry

CBDT Guidance for AO on Verification of Expenses in Entertainment Sector Following the Comptroller and Auditor General Performance Audit Report… Read More

6 months ago

Financial Transactions That Can Trigger Income Tax Scrutiny

Top 10 Financial Transactions That Can Trigger Income Tax Scrutiny: The Income Tax Department keeps a close watch on high-value… Read More

7 months ago

Overview on Tax Treatment on Gratuity in India

Overview on Tax Treatment on Gratuity in India What is Gratuity? Gratuity is a lump sum paid by an employer… Read More

7 months ago

Savings Account Rules for Transactions to Avoid Tax Scrutiny

Savings Account – Rules for Transactions to Avoid Income Tax Scrutiny The Income Tax Department monitors high-value transactions through banks’… Read More

7 months ago

Home loan interest exemption on under-construction property

For an under-construction house, the tax treatment of home loan interest is a bit different from a ready-to-move property. Interest… Read More

8 months ago

How RSU vs ESOP taxation in India

How Restricted Stock Units vs Employee Stock Options taxation in India Types of ESOPs & Related Stock-Based Incentives Employee Stock… Read More

8 months ago

Free Perquisite Limits Raised to INR 4 & INR 8 Lakh

Good News for Salaried Taxpayers- New Rules for Salaried Employees   Finance Act, 2025 raises tax-free salary perk limits to… Read More

8 months ago

FAQs on New Tax vs Old Tax Regime

FAQs on New Tax vs Old Tax Regime  From AY 2024-25, the new tax regime under Section 115BAC is the… Read More

9 months ago

Default Regime is New Regime for ITR Filing

The default regime is the new regime for ITR filing. Default Regime for ITR Filing: The new tax regime is… Read More

9 months ago

Important tax rules for Futures & Options & Intraday Trading

Important tax rules for F&O (Futures & Options) and Intraday Trading Why Must Gains or Losses from F&O Be Reported… Read More

9 months ago
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