Income Tax Articles

Tax Relief Calculator FY 2021-22: Section 89(1)

Posted by Pranab Banerjee 30 November 2021 25562 Views

Calculate tax arrears relief under Section 89(1) with Form 10E for FY 2021-22. Discover salary components to reduce your tax burden.

Profit on Personal Car Sale: Taxable or Not?

Posted by FCS Deepak Pratap Singh 29 November 2021 8528 Views

Wondering if profit from selling a personal car is taxable in the UK? Discover the tax implications under the Income Tax Act, 1961.

Annual Information Statement (AIS) Explained: FAQs

Posted by Jatin Pal 29 November 2021 10577 Views

Confused about the Annual Information Statement (AIS)? Get answers to your questions on its format, content, and how to report discrepancies. Learn more!

Income Tax Search: Incriminating Material Under Section 153A

Posted by CA.Mohit Gupta 28 November 2021 2120 Views

Understand the assessment of incriminating material found during Income Tax searches under Section 153A. Learn about the conditions and procedures involved.

MODVAT Credit & Section 43B: Supreme Court Ruling

Posted by FCS Deepak Pratap Singh 27 November 2021 2587 Views

Discover if MODVAT credit is deductible under Section 43B. The Supreme Court's Maruti Suzuki ruling clarifies tax implications. Learn more!

Form 16 vs Form 16A: Key Differences Explained

Posted by Ishita Ramani 10 May 2024 7745 Views

Understand the crucial differences between Form 16 and Form 16A for TDS. Learn when each is issued and what income they cover. File your taxes with confidence!

What are AIS and TIS? Understand Your Tax Information

Posted by Taxblock 01 March 2024 55743 Views

Discover what AIS (Annual Information Statement) and TIS (Taxpayer Information Statement) are. Learn how they simplify your tax information and aid in return filing.

Tax Planning: Reduce Your Tax Burden Legally

Posted by Taxblock 29 November 2021 2148 Views

Discover what tax planning is and why it's crucial for individuals and businesses. Learn how to legally reduce your tax liability and maximise savings.

Direct vs Indirect Taxes in India: Key Differences Explained

Posted by Ishita Ramani 24 November 2021 7357 Views

Understand the differences between direct and indirect taxes in India. Learn how they impact individuals and businesses, and their advantages/disadvantages.