Income Tax Articles

Employee Trusts: Nature, Objectives, Approval & Tax

Posted by Geetanjali Pandey 10 May 2023 4231 Views

Understand the nature, objectives, and approval conditions for employee trusts like Provident, Superannuation, and Gratuity Funds. Learn tax implications.

Stridhan and its Taxation under Provisions of IT 1961

Posted by FCS Deepak Pratap Singh 10 May 2023 24772 Views

As you are aware that "Stridhan" is known as bride's Pin Money (in England) and peculium (under Roman Law). It is that part of property or wealth which exclusively belongs to women. Our ancestors have recognized the same well before it was recognized by the Romans.

NRI Property Sale Tax in India: Capital Gains & TDS

Posted by Affluence Advisory 09 May 2023 5232 Views

Understand Capital Gains Tax and TDS for NRIs selling property in India. Learn how to save tax with Section 54 & 54EC exemptions.

Challan 280: Auto-Fill Income Tax in Excel

Posted by Pranab Banerjee 21 March 2024 9594 Views

Easily pay income tax offline with Challan 280. Download, auto-fill in Excel, and pay at authorised banks. Learn how to check status and correct errors.

Who Must File Income Tax Return (ITR)?

Posted by Affluence Advisory 08 May 2023 4412 Views

Discover who is required to file an Income Tax Return (ITR) in India. Learn about income thresholds, foreign assets, and significant financial transactions.

Guide to Reopening of Assessment Proceedings under IT Act

Posted by Adv. Ravish Bhatt, ADIT, CIOT 06 May 2023 6449 Views

Understand and respond to notices for reopening of assessment proceedings under the IT Act 1961. Get practical guidance on your rights and obligations.

New Tax Regime Changes 2023: What You Need to Know

Posted by Pranab Banerjee 06 May 2023 8299 Views

Discover the key changes to India's new tax regime introduced in Budget 2023. Learn about standard deduction, tax rates, and rebate limits.

Alternate Accommodation Tax: Is It Taxable?

Posted by Affluence Advisory 05 May 2023 4621 Views

Understand the taxability of alternate accommodation during property redevelopment. Find out if rental compensation is a capital receipt and not taxable.

Supreme Court: Sec 153C Amendment Applies Retrospectively

Posted by CA.Mohit Gupta 02 May 2023 8686 Views

Discover how the Supreme Court ruled Section 153C amendment applies to searches before June 1, 2015. Understand the implications for your tax assessments.