Saving Capital Gains from Property – An Insight
Saving Capital Gains from Property – An Insight, The real estate market is booming like anything. There are lots of transactions on daily basis which includes
Saving Capital Gains from Property – An Insight, The real estate market is booming like anything. There are lots of transactions on daily basis which includes
Applicability of Section 194Q: Section 194Q has been introduced via Finance Act, 2021, which requires tax deduction at source @ 0.1% on purchase of goods
Applicability of Section 194O – TDS on Payment made to E-Commerce Participant: Section 194O has been introduced in the Union Budget 2020. According to Section
Calculation and Taxability of House Rent Allowance (HRA). Today we are Providing a Premium guide on Calculation and Taxability of House Rent Allowence (HRA). Now you
Tax Exemptions for Leave Travel Allowance (LTA). This article specifically talks about the exemption which is provided to the employees for the leave travel allowance they
The Finance Act, 2018 inserts a new Section 112A with effect from Assessment Year 2019-20. As per the new section capital gains arising from transfer
How to Tackle With Income Tax Notices. In this article you can find everything you want to know about How to tackle with income tax
TDS Rate Chart 2021-22 (Assessment Year) TDS (Tax Deducted at Source). Introduction of TDS: The concept of TDS was introduced with an aim to collect
Tax Treatment of Gifts Received By an Individual or HUF. A very common and frequent question running in the mind of taxpayers is the taxability
How to become an Income Tax officer?. An income tax officer is someone who deals with income tax matters concerning the Central Board of Direct
Charitable Trust Introduction and Registration, Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under
Income tax is a tax on the TOTAL INCOME of a PERSON. It is charged on the income of the PREVIOUS YEAR and is assessed
Income Tax Raids: The article is mainly about why the Income tax officials conduct raids at your office or house or any other places. This
Section 194N – TDS on Cash Withdrawal above 1 Crore: Every person, being a banking company including any co-operative bank or a post office, who
PAN Card Status: It typically takes around 10 to 15 working days based on your postal address, for an individual to receive his/her PAN after
Restriction on Cash Transactions under Income Tax Act: Cash transactions limits as per income tax act. Slowly and gradually, the Indian economy is getting digitized
Tax incidence on a taxpayer in India depends upon his residential status. Whether an income earned by an individual, in or outside India, is taxable
Top Reasons for Income Tax Refund Failure. if you are Searching for reasons for income tax Failure than you are in right place. After providing Latest
Deduction Of Principal of Housing loan and Its Interest Component. Tax Benefit on Housing Loan. In this article you can find complete details for Deduction
Deduction for School Fees Paid u/s 80c. Section 80C of income tax act allows deduction in respect of many payments and investments made. Section 80C
Set off and carry forward of losses under the Income tax law. Find Everything you want to know about Set off and carry forward of losses
Income Tax Benefits for Senior citizens, Benefits for Senior Citizens under Income Tax Act. Detail of benefits for Senior Citizens under Income Tax Act for the
Notices Under Income Tax Act: Once the assessee files his return of income the income tax department scrutinizes his return and issues assessment intimations, scrutiny
TDS on Sale of Property. As per Finance Bill of 2013, TDS is applicable on sale of immoveable property wherein the sale consideration of the
Restriction on Cash Transactions under Income Tax Act (Section 269ST) – Cash Transaction Rules from 1st April 2017, FAQ on Cash Receipt of Rs.2 Lakh
Income of Other Persons included in our Income. Clubbing of India In India, There are certain cases when the income of other persons has to be
Paying Tax is better than Saving Tax!, Here we are discussed various Methods for Saving Tax in India, In this article we discussed Can Paying
TDS on Rent: As per section 194 I of Income tax act 1961 ,TDS on rent has to be deducted where the aggregate amount paid or
Link Aadhaar Card with PAN Card by Using Income Tax New Utility: Income Tax Department has made it easy for taxpayers to link their PAN with
How to submit Response for Outstanding Tax Demand. Many Times We Receive Outstanding Demand Notice but we Don’t Know how to Answer or Response for that