Can the Benefits of HRA and Home Loan be Claimed Simultaneously?
Taxpayers get often confused when the question arises if he or she can claim the benefits of House Rent Allowance (HRA) and home loan at... 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.
Tax Evasion in India and Punishments and penalties related to it- Know More About it-
Are you the one who keeps on thinking about how to evade tax? If yes, then stop doing so. The government collects tax for the... Read More
Why the Draconian Angel Tax needs to be abolished immediately?
Encouraging policy and conducive infrastructure undoubtedly play a prime role in shaping the success ladder of a startup company in the developing economy like India.... Read More
Which Is more bad Tax Avoidance and Tax Evasion?- Read to Know More-
Irrespective of whether we like it or not, the law demands payment of taxes on time. The two terms- tax avoidance and tax evasion are... Read More
Tax Implications by Owning Residential Property by an NRI in India
NRI’s would remit funds for various reasons such as maintaining their family, or repaying the loans, etc. As time passed by, real estate has become... Read More
An NRI? Here are the Tax liabilities you should know
Liability to pay tax in India depends on the residential status of the taxpayer. The residential status of the taxpayer determined by the physical presence... Read More
Better understanding of Assessment or Reassessment U/s 147 and 148 of Income Tax
Section 147 and 148 of the Income Tax Act permits the Income Tax Department to reopen and reassess one’s IT returns which already filed. Stay tuned... Read More
How to Get Back Your Money after Posting Bail for a Friend
Most people want to be a good friend. It means you are the friend that is called when someone is in jail. Unfortunately, you may... Read More
Capital Gains vs. Business Profits
3 min read
Capital gain arising out of holding shares for a short period will not convert it into business income. An Assessee has two separate portfolios one... Read More
The Importance of Form 16: Time to make a note of it, Taxpayers
Form 16 is a TDS (Tax Deducted at source) certificate which is issued by an employer/bank/company as they deduct tax while making payments to its... 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?