Process of Applying TAN and FAQs regarding TAN Application Form 49B
Tax deduction Account number (TAN)- Every assesse whether a Central or state government or a local authority, Statutory or an Autonomous body, Company, or any... 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.
Relaxation u/s 119(2)(c) can be claimed only within the prescribed time period
It is a common thing that taxpayers’ delay in filing their income tax refund claims for. Likewise filing of tax by some of the taxpayers... Read More
Click here to know- How to Reduce Tax Burden on your NPS Maturity Amount
….before we discuss more on the Ways to Reduce Tax Burden on your NPS Maturity Amount let us first know a bit about Pension and... Read More
Changes in Form 3CD for Assessment year 2016-2017
The Central Board of Direct Taxes has reported Income-tax (7th amendment) Rules, 2014 that replaces the current Form No. 3CD with a changed a new form. This... Read More
TDS on Non Residents U/s 195 under The Income Tax Act, 1961
Here we provide you with a brief on TDS on Non Residents U/S 195 of the Income Tax Act, 1961. TDS (Tax Deducted at Source)... Read More
Income Computation and Disclosure standard- Revenue Recognition-ICDS IV
Central Board of Direct Taxes (CBDT) notified Income Computation and Discloser Standards (ICDS) for the computation of Income under head Profit and Gains from... Read More
Income Computation and Disclosure Standard for valuation of inventories
ICDS (Income Computation and Disclosure Standard) is related to computation of income which chargeable under the head “Profits and gains of Business or profession” and... Read More
Is Goodwill taken by Partner at time of Retirement Taxable?
Retirement of a Partner A partner in a firm may retire due to any reason like old age, better opportunity, or disagreement amongst the partners.... Read More
Income Disclosure Scheme(IDS) over, now you can report a tax defaulter and win the handsome reward
3 min read
As you are aware that the deadline for Income disclosure scheme (IDS) was over on 30th September 2016. Few would be aware that the Income... Read More
Taxability of interest received in NRE Account under Income Tax Act, 1961
The general query by Non resident Indians is that whether if a person, initial of Indian Origin but presently a permanent resident of a foreign... 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?