Retail investors face heavy losses as the Indian stock market bubble bursts, exposing weak fundamentals and misleading advice. Learn how to smartly use tax-loss harvesting to offset capital gains, reduce tax liability, and carry forward losses.
DIY ITR filing may seem easy, but even small errors can lead to penalties or notices. Discover common mistakes and why expert help may be your best tax-saving bet.
Understand tax relief on education expenses under Sections 80C & 80E. Learn what's deductible, what's not, and how the new tax regime impacts parents.
Stay updated with all essential tax filing deadlines and compliance requirements for July 2025. Your go-to tracker for GST, Income Tax, TDS, ROC and other statutory obligations.
Learn about the four major types of income-tax assessments under the Income-tax Act - Section 143(1) summary assessment, Section 143(3) scrutiny assessment, Section 144 best judgment assessment, and Section 147 income escaping assessment.
This article provides a comprehensive guide to the taxation of partnership firms, covering everything from the basics of firm-level taxation to the treatment of partner remuneration, capital contributions, and taxability upon retirement or reconstitution.
DRC focus mainly on small and medium taxpayers to resolve their tax disputes in a faceless, efficient, and taxpayer-friendly manner. DRC functions under Ministry of Finance, Government of India. 18 DRCs correspond exactly to the 18 Pr. CCIT regions
This article will walk you through the basics of Income Tax in India, important terms, tax slabs, filing deadlines, and tips for smooth compliance.
Pune ITAT has set aside the exemption granted to the Maharashtra Cricket Association (MCA) under Sections 11 & 12 for AY 2010-11, and remanded the matter for fresh adjudication in light of the Supreme Court's AUDA judgment.
Retirement benefits include gratuity, provident fund (PF) money etc. are received along with the salary at the time of retirement or voluntary retirement scheme (VRS).
FR & Direct Tax (Regular Batch Combo) For May 26 & Onwards