Blogs

What is form 13? As per the provisions of the Income Tax Act, TDS is...

The finance act 2021, has inserted a new section 9B and subsection 4 of section...

For the purpose of income tax act, slump sale also referred as business transfer is...

Revolutionary Faceless Tax Assessment - what it means to your business? Over the last one...

What is new tax regime under section 115BAC? The government has introduced New 'optional' tax...

What is double taxation? Double taxation refers to income taxes paid on the same source...

Profits or gains arising from transfer of a capital asset are called “Capital Gains”. For...

Deductions under Chapter VIA are framed in order to give the benefit to the assessee...

ANNUAL INFORMATION STATEMENT (AIS) What is AIS? The income tax department has launched the Annual...

The presumptive taxation scheme is designed to provide relief to small taxpayers by eliminating the...

What is section 194M? An individual and/or Hindu undivided family (HUF) has to deduct tax...

The finance Act,2022 has inserted a new section 115BBH with effect from 01.04.2022 to tax...