Taxpayers in India whether they are salaried people or not, prefer to involve themselves in share trading as it is an easy way of earning... Read More
Income Tax
- Your guide to understanding and filing income tax returns.
- Simplify your tax filing process with expert advice.
- Learn about the different types of income tax, including individual income tax, corporate income tax, and more. Understand the income tax slabs, deductions, and exemptions applicable to various income sources.
- Get expert advice on tax planning and saving strategies to minimize your tax liability. Learn how to file your income tax return accurately and on time, avoiding penalties and interest charges.
- Stay up-to-date with the latest income tax news, circulars, and notifications. Access useful tools like income tax calculators, TDS calculators, and form 16 download links.
Ways of Reducing TDS
2 min read
Ways of Reducing TDS The process of TDS on salary is very confusing for many people having knowledge about Income Tax return. There are some... Read More
Beware of Lottery Scams
2 min read
Today it is very common to receive lottery scam emails which notify you that you have won some prize in a lottery with the promise of... Read More
No penalty under section 271(1) (c) can be levied on account of failure in deduction of TDS
3 min read
The ITAT Mumbai in the case of Rushi Builders and Developers Hotel Bay View, Gorai Khadi, L. T. Road, Borivali (W), Mumbai – 400 091,... Read More
Income Tax Department launches Toll-free line for complaints related to black money in elections
2 min read
In the run up to the upcoming Assembly polls in Delhi, the Income Tax Department has launched a Toll-free number – 1800 110 132 –... Read More
Set off of losses under the income tax laws
5 min read
Though business aims to make income, there is always a possibility of incurring loss. On the basis of the principles of natural justice, a set-off... Read More
Illegal acts amounting to tax evasion
2 min read
Tax avoidance is a process by which a person plans his or her finances to get exemptions and deductions in tax provided by tax laws... Read More
The profits arising out of sale of an agricultural land which is far away from the limits of municipality cannot be treated as a regular... Read More
It is not necessary that books of account should compulsorily be rejected when a survey is conducted
3 min read
It is not necessary that books of account should compulsorily be rejected when a survey is conducted
The ITAT, Chandigarh in the case of M/s Venus Woolen Mills vs. The CIT-III, [2014] 36 ITR (Trib.) 388 Ludhiana, has held that it is... Read More
The key to Tax Planning
2 min read
Tax Planning deals with making investments for the purpose of reducing the tax liability and increasing returns. All individuals should try to plan his taxes... Read More
ITAT Amritsar: No Section 269SS Violation for One-Time Cash Payment Before Sub-Registrar 
Tax Officials Unleash Digital Dragnet: How New Raid Powers Redefine Privacy, Property Rights in India and likely to Fuel Corruption 
Income Tax Department Rewards for Reporting Tax Evasion: A Comprehensive Guide 
Forfeiture of Gratuity by Employer- What are the Remedies for an employee- Can employer be challenged?