Spread the love Introduction Capital Gains arises on sale of a capital assets. The gain value arises when the sale consideration is higher than the cost of acquisition. There are […]
Capital Gain Exemptions – under section 54 Read More »
E-filing for AY 2025-26 starts on May 30, 2025. Excel utility for ITR-1 & ITR-4 is released. Due to Budget 2024 changes.
E-Filing of ITR 1 & 4 for AY 2025-26 enabled. Read More »
Spread the love The Income Tax department has released a TDS Rate Chart as amended by the Finance Act (No. 2), 2024 applicable to the Assessment Year 2025-26 (Finanancial Year
TDS Rate Chart – A.Y. 2025-26 Read More »
Spread the love Introduction Every company whether private limited company or a public limited company has to appoint Board of directors. As per Section 2(34) of the Companies Act 2013,
Disqualifications of Director Read More »
Spread the love The Income Tax Act, 1961, is the cornerstone of India’s tax regime, governing how taxes are levied, administered, and collected. With the recent amendments introduced through the
Who is Required to File an Income Tax Return in India? Read More »
Spread the love The Central Board of Direct Taxes (CBDT) has notified the Income Tax Return (ITR) Forms 1 to 7 for the Assessment Year (AY) 2025–26, applicable for income
Your Guide to the ITR Forms 1–7 for AY 2025–26: Key Changes to Know Read More »
Spread the love Introduction The Goods and Services Tax (GST) has significantly transformed India’s indirect tax structure by unifying various taxes under a single regime. Under the GST law, an
GST Registration – Applicability and Threshold Limits Read More »
Spread the love In this blog post we will learn in detail about section 80G, 80GGA, 80GGB, and 80GGC which provide contributions to charitable organizations, scientific research, rural development, and
Donation Based deductions under chapter VI-A Read More »
Supreme Court has dismissed petitions seeking relief from AGR Dues on Monday, May 19, 2025. This Blog shares a short snippet on the same.
Spread the love Introduction Chapter VI-A deductions of the Income Tax Act plays a major role in reducing the tax burden of the assessees in a legal manner. This chapter
Deductions under Chapter VI-A Read More »
