Income Tax

How to Calculate Income Tax Liability in India

How to Calculate Income Tax Liability in India: A Comprehensive Guide Introduction If you are filing ITR for the first… Read More

1 year ago

ALL ABOUT STATEMENT OF FINANCIAL TRANSACTION

The Statement of Financial Transactions (SFT) is a document or report that provides a comprehensive overview of an entity's financial… Read More

1 year ago

Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D

Summary of Deductions U/S 80C, 80CCC, 80CCD & 80D SECTION 80 DEDUCTION SECTION DEDUCTION ON ALLOWED LIMIT (MAXIMUM) FY 2018-19… Read More

1 year ago

Overview on AIS & Statement Form No. 26AS

Overview on AIS (Annual Information Statement) (earlier Form No. 26AS) Tax Dept has issue a new statement which call Annual… Read More

1 year ago

TAX BENEFIT ON INVESTMENT IN STARTUPS U/S 54GB

INCOME TAX BENEFIT ON INVESTMENT IN STARTUPS U/S 54GB  Section 54GB of the Income Tax Act exemptions on capital gains… Read More

2 years ago

Condonation of delay in filing Form 10-IC for AY 20-21

Condonation of delay in filing Form 10-IC for Assessment Year 2020-21 for concessional rate of tax at 22%  Finally, a… Read More

2 years ago

Income Tax Assessment of Private Hospitals, Nursing Homes

Income Tax Assessment issues of Private Hospitals, Nursing Homes etc. Auditing Requirement for Private Hospitals, Nursing Homes etc When an entity's… Read More

3 years ago

Overview of Taxpayers Charter under the Income Tax Act

Taxpayers Charter under the Income Tax Act Taxpayer Charter Prime Minister Narendra Modi launched Taxpayers Charter under income tax Act on… Read More

3 years ago

3.59 Cr ITRs filed on new e-filing Income tax Portal

3.59 Cr online-file-income-tax-reurns submitted till date (Press Release, Ministry of Finance dated December-16-2021) As on December-15-2021 For the AY  2021-2022,… Read More

3 years ago

What are the Parts of Form 26AS & its Structure?

What are details in the Form 26AS? Your Tax Credit Statement, also known as Form 26AS, is an important tax… Read More

3 years ago
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