Income Tax Articles

Allowance of Deduction of Interest for Income from House Property

Posted by Ashish Bansal 12 June 2019 14407 Views

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

Posted by VISHAL BANSAL 11 June 2019 14515 Views

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

Posted by Nitesh bind 11 June 2019 10312 Views

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

Posted by Nitesh bind 11 June 2019 11907 Views

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

Posted by Nitesh bind 10 June 2019 11557 Views

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

Posted by Nitesh bind 08 June 2019 53432 Views

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...

Forget 80C; New Budget Promises Higher Take Home Income

Posted by Guest 06 June 2019 10533 Views

Like every year, this time too, taxpayers were hoping for announcements that would reduce their tax burden. One notable speculation was that the government woul...

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

Posted by Soumya Laha 06 June 2019 135140 Views

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)

Section 80DD: Deduction for Disability of a Dependent Relatives

Posted by VISHAL BANSAL 04 June 2019 10315 Views

This deduction is available to all Residents Individual or HUF, for medical treatment of disable

Is your retirement plan Tax-efficient?

Posted by AKTAssociates 03 June 2019 3940 Views

Retirement Planning: Save your retirement kitty from taxes Naturally all of us want to retire comfortably & so we prepare retirement plan with best of our k