Income Tax

Filling of Form 10-IE for exercise of option in ITR 1&ITR 2

No need to Form 10-IE for exercise/withdrawal of option u/s 115BAC in ITR 1 & ITR 2 Each individual and… Read More

2 years ago

Stay Ahead of Tax Season with ITR Filing Strategies

Stay Ahead of Tax Season with Effective ITR Filing Strategies Introduction Tax sеason is around the corner, and you might… Read More

3 years ago

Income Proof becomes Compulsory for INR 10 Lakhs Investment

Income Proof with KYC becomes Compulsory for INR 10,00,000/- investments in small savings schemes. Govt of India has now made… Read More

3 years ago

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

3 years 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

3 years 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

3 years ago

Overview on TDS on Sale of Immovable Property

Tax deduction at source on Sale of Immovable Property Income ax Ac provides that TDS will be applicable on transfers… Read More

3 years 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

3 years 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

4 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

4 years ago
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