Income Tax Articles

Section 44ADA: Presumptive Tax for Professionals in India

Posted by FCS Deepak Pratap Singh 12 September 2021 2951 Views

Understand Section 44ADA of the Income Tax Act 1961. Learn about presumptive taxation for eligible professionals in India and how to file your taxes easily.

NPS Investment Rules Changed: Age Limits Increased by PFRDA

Posted by FCS Deepak Pratap Singh 12 September 2021 1249 Views

Discover PFRDA's updated NPS investment rules. Learn about new age limits for opening and continuing your National Pension Scheme account.

What's Not a Capital Asset? Exclusions Explained

Posted by Ritik Chopra 12 September 2021 27314 Views

Discover what's excluded from the definition of a capital asset for tax purposes. Learn about stock-in-trade, personal effects, and rural agricultural land.

Air India Capital Asset Transfer: Income Tax Clarifications

Posted by CS Tanveer Singh Saluja 12 September 2021 2090 Views

Understand the income tax implications of Air India's capital asset transfer to Air India Assets Holding Limited. Key updates from the CBDT.

Section 69C & Presumptive Taxation: What You Need to Know

Posted by CA.R.S.KALRA 12 September 2021 8597 Views

Understand how Section 69C of the Income Tax Act applies when opting for presumptive taxation. Learn about unexplained expenditure and its implications.

New ITR Forms AY 20-21: Key Changes & Updates

Posted by Ritika Agarwal 10 September 2021 24653 Views

Discover the key changes in ITR forms for AY 2020-21. Learn about new disclosure requirements and extended due dates. File your return accurately!

IT Slab Rates FY 2020-21: New vs Old Tax Regime

Posted by Chandra Sekhar Reddy 10 September 2021 36067 Views

Understand IT slab rates for FY 2020-21 under both old and new tax regimes. Compare options for individuals, senior citizens, firms, and companies.

File Your ITR on New Income Tax Portal: Step-by-Step

Posted by Vaishali Dhek 10 September 2021 46790 Views

Learn how to file your Income Tax Return (ITR) on the new e-filing portal. Follow our step-by-step guide to e-verify your return easily.

Income Tax Guide: E-filing & Return Deadlines

Posted by Prince Grover 10 September 2021 23204 Views

Understand Income Tax, how it's calculated, and who pays it. Discover e-filing basics and extended deadlines for AY 2021-22. File your IT return today!

Section 54D: Capital Gains Exemption for Compulsory Land Acquisition

Posted by Neethi V. Kannanth 09 September 2021 13083 Views

Understand Section 54D for capital gains tax exemption on compulsory land acquisition for industrial undertakings. Learn conditions, quantum, and lock-in periods.