Ministry of Finance Revises LTCG Indexation Budget Proposal on Real Estate For properties acquired on or before 23rd July 2024,… Read More
Guidelines to File Schedule AL (Assets and Liabilities) Declaration in ITR The proliferation of black money poses significant challenges to… Read More
Important Points for Taxation of Share Transaction & Disclosing F&O Income The income from these transactions should be reported under… Read More
Central Board of Direct Taxes Mandates E-Filing of Appendix-II Forms under Income Tax Rules, 1962 The Central Board of Direct… Read More
Whether penalties u/s 271A & 271B can be levied simultaneously for same AY On 24 August 2023, the Raipur Bench… Read More
FAQs on ITR Filling Forms- Guide to select correct ITR Q.1 What does Form ITR-V and form ITR-Acknowledgement means? Form… Read More
Hurdles with Hindu Undivided Family Dissolution: The Hindu Undivided Family (HUF) is a recognized legal entity under the Income-tax Act,… Read More
Key Differences Between New & Old Tax Regimes (FY 2024–25) Particulars New Tax Regime Old Tax Regime Rebate u/s 87A… Read More
Overview on Disallowance of Expenditure u/s 43B(h) The Union Budget 2023 introduced measures to encourage timely payments to micro or… Read More
Important Concept under Income tax Act - Concept of Previous Year & Assessment Year The financial year that ended just before… Read More