Income Tax Articles

Basics of Income tax: A Beginners Guide

shahyar husain 17 November 2020 at 10:49

In the following article, we explain all the steps required to calculate tax returns and the basics of income tax, from a beginner's perspective.

Buying your dream home becomes cheaper this Diwali!

CA Umesh Sharma 16 November 2020 at 16:18

One can now buy a house at a rate of 20% lower than the circle rate. This new norm is for residential units up to Rs. 2 Cr. and will be effective till 30th June 2021.

Refund - Everyone wants it, not all get it!

CA Akash Agarwal 12 November 2020 at 12:52

Many of us get refunds from the Income Tax Department while some of us don't. So, let's discuss when and how does one get a refund along with the complexities involved?

Taxation for Contractual Employees and Freelancers

Shubham 12 November 2020 at 10:27

In the case of contractual employees and freelancers, there is no employer-employee agreement. Thus, it comes under the ambit of professional services and TDS for the same is deducted u/s 194J.

A brief about Indian Income Tax Law for Law Students and Lawyers

Guest 10 November 2020 at 13:16

Here is a brief about Indian Income Tax Law for lawyers and law students. You can also understand Indian Income Tax law in detail with our best in class income tax books that are now available for purchase online.

E-invoicing: The new lighting of GST this Diwali!

CA Umesh Sharma 09 November 2020 at 14:45

The E-Invoicing system in GST was launched on 1st October 2020. E-Invoicing has successfully completed a month on 31st October 2020. How has it brightened the GST system?

Remembering Demonetisation on its Fourth Birth Anniversary!!

Mayank Mohanka 09 November 2020 at 10:03

Who can forget? Nov 8, 2016. Time: 8 p.m. PM Modi announced the demonetization of Rs. 500 and Rs. 1000 notes. On its fourth anniversary, we remember the demonetization decision and its implications today.

Faceless Assessments & Appeals - A new era of Transparency, Efficiency, and Accountability

Mayank Mohanka 07 November 2020 at 09:52

On 13.8.2020, PM launched a new platform for transparent taxation - ‘honoring the honest’. The major thrust of this platform is on two pathbreaking & bold reforms - faceless assessments and faceless appeals.