Income Tax Articles

Auto Calculate Income Tax Preparation Software for all salaried persons for FY 2023-24 & AY 2024-25

03 April 2023 28150 Views

According to the actual Tax Slab on your total income found under the old or new tax system, each salaried employee will be subject to tax. Payroll employees must file income tax returns at the beginning of the 2023-2024 tax year because, after various deductions, income tax is calculated based on various tax brackets.

New Income Tax Rules w.e.f 1st April 2023

Posted by Harsh Kaushik 01 April 2023 17321 Views

The Government has made some new rules which are applicable from 1st April 2023 i.e from the new financial year

Section 194IA: Understanding TDS on Immovable Property

Posted by CA Sanat Pyne 01 April 2023 7761 Views

Section 194IA of the Income Tax Act governs the TDS deduction on the transfer of immovable property. In this article, the author will discuss the provisions and implications of this section in detail.

Statutory Tax Compliance Tracker: April 2023

Posted by CS Lalit Rajput 31 March 2023 8401 Views

Tax Compliance Tracker for the month of April 2023

Section 69: Power of Arrest

Posted by Harsh Kaushik 31 March 2023 5649 Views

What does Section 69 Say?Where the commissioner has reason to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c...

All about Income Tax Audit

Posted by Ashok Pitroda 31 March 2023 12782 Views

There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a ‘Tax Audit’. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.