Taxpayers in India whether their source of income is business or job, prefer to involve themselves in share trading as it is an easy way... 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.
Medical reimbursement paid to employees is not part of salary and no TDS can be charged upon it
2 min read
The Income Tax Appellate Tribunal in the Assistant Commissioner of Income Tax (TDS) vs. M/s. SAP Labs India Pvt. Ltd. being ITA Nos.1414 to 1416/Bang/2012... Read More
All about GST
3 min read
There are a huge number of different indirect taxes in India. The government is making plans to reform the present Indian indirect tax regime and... Read More
Loan on Securities for Instant Liquidity
2 min read
Securities are important assets which you either invest in as asset for future emergency use or for saving income tax. In case of urgency you... Read More
As a general rule an assessee is taxed for his own income. But under certain exceptional circumstances this rule is not applicable. An assessee is... Read More
Tax litigation in India require a positive approach involving people with sound understanding of law to provide practical solutions to tax payers to help them... Read More
The long-awaited Companies Bill 2013 was finally passed by the Lok Sabha on 18.12.2012 and by the Rajya Sabha on 8.8.2013. After receiving the assent... Read More
Budget 2013-14 has brought several changes that can affect an individual’s tax slab. Among many changes, personal finance changes are quite essential for an individual.... Read More
How to Save Capital Gains Tax?
2 min read
As per provisions of Income Tax Act, 1961, any long term capital gains arising from transfer of any capital asset would taxable unless specifically exempted.... Read More
Applicability of Section 44AB of the Income Tax Act: The44AB section provides that people having business or profession should get his accounts audited by a... Read More