Income Tax Articles

Old vs New Tax Regime: Save More Tax

Posted by CA HANSINI Y. BUCH 11 May 2020 6186 Views

Understand the old and new tax regimes. Choose the best option to maximise your tax savings. Learn about rates, deductions, and eligibility.

Income Tax Notice: 10 Reasons & How to Avoid Them

Posted by Mayank Goyal 11 May 2020 17674 Views

Received an income tax notice? Discover 10 common reasons, from late filing to misreported income, and learn how to avoid them. Act now!

Mutual Fund Tax: Understanding Your Investment Income

Posted by CA (CS) Ujjwal Jindal 11 May 2020 9265 Views

Learn about the tax implications of mutual fund income in India, both pre and post-Budget 2020. Understand how your earnings are taxed.

Section 80C Investments: Claim Tax Deductions

Posted by Mayank Goyal 11 May 2020 4493 Views

Discover investments eligible for Section 80C deductions. Learn about PPF, VPF, SSY, SCSS, and Tax Saving FDs to maximise your tax savings.

Gift Tax Rules: Is Your Present Taxable?

Posted by Pulkit Goyal 09 May 2020 5115 Views

Discover when gifts are taxable under the Income Tax Act. Learn about thresholds for cash, movable, and immovable property gifts. Find out exemptions.

Income tax updates from the month of October 2019

Posted by Nageswara Rao Jammigumpula 07 May 2020 19212 Views

The objective of this document is to summarize all the updates of Income Tax (Notifications, Circulars, other amendments and updates) in one place. The same are being summarized below, along with our opinions on certain clarifications.

Charitable Trust Tax Benefits in India | Income Tax Guide

Posted by Priyanka Sah 07 May 2020 12524 Views

Understand taxation for charitable and religious trusts in India. Learn about exemptions, donation deductions (Sec 80G), and specific income tax rules.

Finance Act 2020: Key Tax Amendments from April 2020

Posted by CA Ashish Garg 07 May 2020 17101 Views

Discover crucial Finance Act 2020 tax changes effective April 1, 2020. Learn about residential status, TDS, Equalisation Levy, and TCS updates.

Understanding TCS: New Rules & Provisions Explained

Posted by CA (CS) Ujjwal Jindal 06 May 2020 3705 Views

Discover the latest TCS rules under Section 206C, including new insertions from Budget 2020. Learn how TCS tracks transactions and revenue.

NGO Income Tax Registration Changes Explained

Posted by Sandeep Rawat 05 May 2020 2059 Views

Discover key changes in NGO registration under Income Tax, including new reporting obligations for donations and re-application for approvals. Learn more!