Income Tax Articles

SFT Reporting: Key Rules for Financial Transactions

Posted by CA Anoop Kumar Sharma 16 May 2024 2851 Views

Understand Statement of Financial Transactions (SFT) reporting requirements under Section 285BA. Learn about reportable transactions, due dates, and penalties.

Director Liability: Private Companies & Tax Laws

Posted by Affluence Advisory 15 May 2024 1461 Views

Understand director liability under Companies Act, Income Tax, and GST. Learn how actions and resignations affect personal responsibility for company debts.

India AIS Upgrade: Track Your Tax Info Status

Posted by Abhishek Raja 16 May 2024 1832 Views

India's AIS upgrade lets you track feedback status from sources like banks. Ensure accuracy and smoother tax filing. Learn more!

Trading Tax: Can You Trade Without Paying Tax?

Posted by Khush Trivedi 17 May 2024 1298 Views

Discover strategies to minimise or avoid tax on your trading profits. Learn about short-term and long-term capital gains tax implications and how to save.

Tax treatment of Livestock: Analysis

Posted by CA Aman Rajput 15 May 2024 2837 Views

In India, the dairy industry forms an important part of the agricultural sector and plays an important role in the growth of India's economy. Another important area is providing livelihoods to hundreds of people across rural and urban areas.

NRI Tax Implications FY24: Your Guide to Indian Taxes

Posted by CA Arun Tiwari 15 May 2024 509 Views

Understand NRI tax obligations for FY24. Learn about residential status, income tax, exemptions, TDS, and reporting requirements for NRIs in India.

Save Tax: Salary Over 5 Lakhs FY 23-24 Guide

Posted by Khush Trivedi 15 May 2024 6378 Views

Discover how to save tax on salaries over 5 Lakhs for FY 23-24. Compare old vs. new tax regimes and maximise deductions. File your return confidently!