Easy Office

Income Tax Articles


Automated Income Tax Calculator for FY 2024-25 for Non-Government Employees

  Pranab Banerjee    16 April 2024 at 08:40

Download Automated Income Tax Calculator All in One in Excel for the Non-Government Employees for the FY 2024-25 as per the Budget 2024



Maryada of Taxation for Businesses

  CA Umesh Sharma    15 April 2024 at 14:02

What are the various Income Tax and GST Maryadas (Limits) that the taxpayers must know?



How to Navigate Modified ITR for Business Reorganization: A Guide Until June 30, 2024

  VIVEK JALAN    13 April 2024 at 06:38

Modified ITR for Business Reorganization from June 2016 to March 2022 possible until June 30, 2024. Taxpayer to communicate to Jurisdictional Assessing Officer (JAO) by 30th April 2024.



Unveiling India's Real Estate Appeal: Simplified Taxes and Indexation Benefits for NRIs

  CA Arun Tiwari    13 April 2024 at 06:38

This article delves into the reasons behind NRIs' interest in India's real estate, focusing on simplified taxes and indexation benefits.



For Tax Filing - Analyze the Old & New Tax Regime

  Affluence Advisory    12 April 2024 at 08:36

Lately, a lot of confusion has sparked on various internet platforms regarding the tax changes for the financial year (FY) 2024-25. However, the Ministry of Finance has put that to rest by putting out a clarification vide its Twitter handle that there are no changes on the tax rates as on 01.04.2024.



Issues Pertaining to HRA claims

  Khush Trivedi    11 April 2024 at 11:03

The Ministry of Finance recently issued a clarification regarding media reports suggesting a special drive by the Central Board of Direct Taxes (CBDT) to reopen cases linked to House Rent Allowance (HRA) claims. These reports, according to the Ministry, are not grounded in reality, and there is no substantial evidence to support claims of a large-scale reopening of cases.



Differentiating TDS on Rent: Section 194IB vs 195 of IT Act, 1961

  CA. Bhavik P. Chudasama    11 April 2024 at 08:47

The Income Tax Act mandates tenants to deduct Tax Deducted at Source (TDS) on rent payments under certain circumstances. This helps collect tax from landlords at the source of income. Here's a breakdown of TDS on rent under Section 194IB and 195



Valuation Report to Save 30-40% Taxes on NRI Property Sale

  CA Arun Tiwari    11 April 2024 at 08:43

In this comprehensive guide, we'll delve into the intricacies of valuation reports and how they can empower NRIs to achieve remarkable tax savings of up to 30-40% when selling a property in India.



Income Tax Slabs: Comparison between old Vs new regime for the FY 2023-24

  Mitali    10 April 2024 at 14:36

Deciding which tax regime to choose it completely depends upon individual financial circumstances.



Empowering MSMEs and Addressing Unauthorized Registrations

  CA Pallav Singhania    10 April 2024 at 08:34

This article explores the integration of PAN in India's MSME registration, enhancing transparency and efficiency.