Income Tax Articles

Calculate Relief u/s 89(1) for Salary Arrears

Posted by CA Deepanshu Sharma 27 August 2021 9804 Views

Learn how to calculate income tax relief under Section 89(1) for salary received in arrears or advance. File Form 10E to claim your benefit.

ITR Filing: Key Checks for FY 2020-21

Posted by FCS Deepak Pratap Singh 21 August 2021 7119 Views

Ensure a smooth ITR filing for FY 2020-21. Discover essential checks including PAN-Aadhaar linking, Form 16, and capital gains.

TDS on Insurance Commission: Section 194D Explained

Posted by FCS Deepak Pratap Singh 21 August 2021 4752 Views

Understand Section 194D TDS on insurance commission. Learn tax rates, deduction times, and when TDS is not applicable. Get informed now!

India Scraps Retrospective Tax Amendment: What You Need to Know

Posted by FCS Deepak Pratap Singh 02 September 2021 2004 Views

India withdraws the controversial 2012 retrospective tax amendment. Learn how this impacts past tax demands and future foreign investment.

Period of Holding: Calculate Capital Gains Accurately

Posted by Ritik Chopra 02 September 2021 8257 Views

Understand how to calculate the period of holding for capital assets. Learn rules for short-term vs. long-term gains and special cases.

What is Schedule Assets and Liabilities (Schedule AL)?

Posted by Poojitha Raam Vinay 24 August 2023 51131 Views

Schedule AL is a statement of disclosure of assets and liabilities which the taxpayer shall disclose in the Income Tax Return (ITR). This was introduced from AY 2016-17.

Register as Legal Heir on Income Tax Portal

Posted by Neethi V. Kannanth 23 May 2023 14077 Views

Learn how to register as a legal heir on the new Income Tax portal for deceased person's ITR filing. Follow simple steps and upload required documents.