Income Tax Articles

Professional Tax India: Your Guide to Registration & Compliance

Posted by Nikita Agarwal 28 July 2023 4269 Views

Understand India's Professional Tax. Learn who needs to pay, registration steps, filing, and compliance. Stay updated on state-specific rules.

Cash Deposit Rules: Avoid 60% Tax Penalty

Posted by Gautam Bharthry 28 July 2023 6067 Views

Understand India's cash deposit rules. Learn about bank reporting limits and the severe 60% tax penalty for undisclosed cash transactions. Stay compliant!

Unlisted Shares Tax: Your Guide to UK Investor & Company Rules

Posted by Nikita Agarwal 27 July 2023 6067 Views

Understand the tax implications of investing in unlisted shares in the UK. Learn about capital gains, dividends, and company tax responsibilities. Get informed!...

Taxation of Non-Residents' Shipping Business: Section 172

Posted by CA Mehul Thakker 26 July 2023 10321 Views

Understand Section 172 of the Income Tax Act for taxing non-residents' shipping business. Learn about overriding provisions, tax rates, and compliance.

LTC Claim Guide: Rules, Documents & Frequency

Posted by Nikita Agarwal 26 July 2023 5320 Views

Understand Leave Travel Concession (LTC) claims in India. Discover eligibility, required documents, block years, and how to claim this tax benefit.

India's Zero-Tax ITR Surge: Why It's Happening

Posted by Rashmi 25 July 2023 10758 Views

Discover why 70% of Indian ITRs are zero-tax. Learn about refunds, compliance, and government efforts to expand the tax base.

Crypto Tax in India: Your Essential Guide

Posted by Amul Jain 24 July 2023 2292 Views

Understand crypto tax in India. Learn about capital gains, mining, salary, GST, TDS, and reporting requirements for your digital assets.

Income Tax: Beware of False Deductions & Exemptions

Posted by Rashmi 24 July 2023 33501 Views

Salaried individuals: The Income Tax Department is scrutinising false deductions and exemptions. Provide documentary proof to avoid issues. File honestly!

Claim Home Loan Interest Deduction in ITRs

Posted by Nikita Agarwal 22 July 2023 7783 Views

Learn how to claim deductions for home loan interest in your ITR when taking a joint loan. Understand ownership ratios, interest certificates, and filing steps....

Formation of Gratuity Trust

Posted by CA, CS & DISA VIVEK KHANDELWAL 22 July 2023 72925 Views

Gratuity fund which has been and continues to be approved by the Principal Chief Commissioner or Chief Commissioner or Principal Commissioner or Commissioner in accordance with the rules contained in Part C of the Fourth Schedule.