Income Tax Articles

Allowance of Deduction of Interest for Income from House Property

Ashish Bansal 14 December 2018 at 10:56

There are various questions on the allowability of interest on loan paid for House Property like How much deduction of interest will be allowed from House Prope..

Advance Tax Payments: Due Dates and Interest on Late Payment

VISHAL BANSAL 13 December 2018 at 10:43

What is Advance Tax?Advance Income Tax means to pay your yearly income tax liability in installments. It reduces the excess burden of assessee�s at the en

Procedural Parts relating to TDS

Nitesh bind 13 December 2018 at 10:43

In the last part of this summary, we have learned about the basic meaning of TDS, some concepts which were very useful and commonly applied on all sections, and..

All about Sukanya Samriddhi Account

Nitesh bind 13 December 2018 at 10:43

The Central Govt. launched the 'Sukanya Samriddhi Account' programme in January 2015 with an objective to promote the welfare of girl child. It is a sma

Benami Transactions Act complete overview including amendments

Nitesh bind 12 December 2018 at 11:51

Recently, Govt. has introduced a law which has given a sudden jolt to the real estate sector. But the fact is, it is not only the real estate sector which would..

A quick complete summary on TDS

Nitesh bind 10 December 2018 at 13:43

In some manner, all of us must have somehow come across the Tax Deductions, be it on Salary, on Fees or any other kind of payments. But people are very less awa..

What is Net Loss? Is Tax Audit Compulsory in case of Loss ?

Soumya Laha 08 December 2018 at 13:22

What is Loss or Net Loss?Generally we know that if Expenses is more than Income, then there Loss occurs. It means,Expenses - Income = Loss (Expense > Income)