Income Tax Articles

Standard Deduction For Salaried Individuals FY 2023-24

Priya Mulukutla 06 March 2024 at 14:21

The standard deduction for salary income in India was abolished in the Finance Act of 2005-06. At that time, the standard deduction was removed as part of the government's efforts to simplify the tax structure.

Form 10F and its Filing Procedure

CA.Sangam Aggarwal 06 March 2024 at 08:41

The CBDT notified Rule 21B prescribing the additional information that is required to be furnished by non-residents along with TRC in prescribing Form-10F.

Home Loan Tax Benefits For FY 2023-24

Priya Mulukutla 05 March 2024 at 15:52

The Income Tax Act has various provisions for an individual to take benefit of and claim deductions for tax purposes. These deductions are an incentive for individuals to make residential real estate purchases.

Income from House Property For FY 2023-24

Khush Trivedi 05 March 2024 at 15:33

Let's dive into one of the heads of Income tax i.e. Income From House property. In this article, you will learn about all Provisions & deductions that falls under the said Head.

Statutory Tax Compliance Tracker - March 2024

CS Lalit Rajput 04 March 2024 at 09:56

Tax Compliance Tracker for the month of March 2024

No Income Tax On Compulsory Acquisition Of Rural Land

CA. Brijesh Baranwal 04 March 2024 at 09:29

The development works in the country are going on all over the country including widening of the existing as well as construction of new roads. For this purpose..