Income Tax Articles

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

Posted by Vaishali Dhek 10 September 2021 46791 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 23207 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.

Determine HUF Residential Status for Tax

Posted by Ritik Chopra 06 September 2021 18258 Views

Understand how to determine the residential status of a HUF for tax purposes. Learn the criteria for resident, ordinary resident, and non-resident status.

Section 44 AE: Truck Owners' Presumptive Tax Scheme

Posted by Ritik Chopra 04 September 2021 4847 Views

Truck owners: Discover Section 44 AE for simplified presumptive taxation. Avoid book-keeping and claim deductions. Learn more now!

Section 194P Updates: Specified Banks & Declaration Form

Posted by CS Tanveer Singh Saluja 04 September 2021 6441 Views

Understand recent updates to Section 194P regarding specified banks and the new declaration form (12BBA) for senior citizens. Get clarity on tax deductions.

Taxation Laws Amendment Act 2021: Key Changes Explained

Posted by CA Ekta Thacker 02 September 2021 5670 Views

Understand the Taxation Laws (Amendment) Act, 2021. Learn how it addresses retrospective taxation and impacts past indirect transfer cases.

Period of Holding: Calculate Capital Gains Accurately

Posted by Ritik Chopra 02 September 2021 8219 Views

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

India Scraps Retrospective Tax Amendment: What You Need to Know

Posted by FCS Deepak Pratap Singh 02 September 2021 1992 Views

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

Capital Gains Tax: Special Case Calculations Explained

Posted by Ritik Chopra 02 September 2021 16047 Views

Understand capital gains tax in special cases like insurance payouts, asset conversion, firm transfers, and compulsory acquisitions. Learn how to calculate your tax.