Direct Tax

FAQ on 2 tax regimes to choose from: old regime & new regime

Key Differences Between New & Old Tax Regimes (FY 2024–25) Particulars New Tax Regime Old Tax Regime Rebate u/s 87A… Read More

2 years ago

Overview on Disallowance of Expenditure u/s 43B(h)

Overview on Disallowance of Expenditure u/s 43B(h) The Union Budget 2023 introduced measures to encourage timely payments to micro or… Read More

2 years ago

Important Concept under Income tax Act

Important Concept under Income tax Act - Concept of Previous Year & Assessment Year The financial year that ended just before… Read More

2 years ago

Changes introduced in ITR Forms for AY 2024-25

Changes introduced in ITR Forms for AY 2024-25 Why do Income Tax Return Forms have AY’s? ITR forms include an… Read More

2 years ago

Gross Direct Tax collections for FY 2023-24 Upto 10.02.2024

Gross Direct Tax collections for Financial Year 2023-24 upto 10.02.2024  The Finance Ministry has made available the direct tax collecting… Read More

2 years ago

MSME delay payment Provision u/s 43B(h): Deferred Deduction

Legal Provision of Section 43B(h) of the Income Tax law. What is come under the definition of Small Enterprises? Business… Read More

2 years ago

ITR: Can we file Income tax Return without Form16?

ITR: Do you want to file Income tax Return without Form 16? Then you have to know about it According… Read More

3 years ago

Govt extends few Direct Tax Timelines due to COVID -19

Govt extends few Direct Tax Timelines due to COVID -19 pandemic Because of demands from taxpayers, tax experts, professionals, and… Read More

5 years ago

Incometax Assessment in the remand proceedings

Guidance on the Income Tax Assessment in Remand Procedures The Tax Department examines the income tax return for its correctness… Read More

6 years ago

PM Modi speech on Taxation: Seamless, painless

Key highlights of PM Modi’s speech on Transparent Taxation: Seamless, painless, Faceless Assessment On 13 August PM Modi will launch… Read More

6 years ago
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