Income Tax Articles

Demystifying PAN Card: Significance, Online Application, Status Check and Updates

Ayush 26 June 2023 at 13:18

Permanent Account Number, is an essential identification number issued by the Income Tax Department of India. The Permanent Account Number (PAN) is a ten-digit alphanumeric code issued by the Income Tax Department.

Big Change for Consultants and Professionals: CBDT's New Form 10-IEA Enables Old Tax Regime Choice

Rashmi 23 June 2023 at 14:20

The CBDT notification, issued on June 21, 2023, outlines the procedure for consultants and professionals to follow if they want to stick with the old tax regime. They can fill out Form 10-IEA, which allows them to continue under the old tax regime and claim eligible tax exemptions and deductions.

Tax Deducted at Source: A Brief Analysis

Suhasini 22 June 2023 at 15:29

Tax Deducted at Source (TDS) is a system in which the person responsible for making certain payments deducts a specific amount of tax from the payment at the time of making it.

Decoding the Tax Dilemma: Listed Stock Trading Income as Capital Gain or PGBP?

Pranav R Begadi 20 June 2023 at 09:54

Dilemma of income taxpayers towards treating Listed Stock Trading income under the head of Capital gain or PGBP

Applicability of TCS on Foreign Travel

Samyak Jain 20 June 2023 at 08:56

Foreign Travel has always been a Middle-class Indian Family dream and now there is another rule to break the heart of such Indian Families as it is going to get a bit expensive.

How to file 10E in the new income tax portal?

Pranab Banerjee 17 June 2023 at 08:05

Filing income tax returns is an important responsibility for every income earner in India. It is a legal requirement to ensure that the government accurately assesses the tax liability of individuals and to prevent tax evasion. We discuss how to file Form 10E on the new income tax portal.

ITR login: Step-by-Step Guide For Login and Registration

Mitali 16 June 2023 at 14:13

Here's a summary of the steps to register for an account on the income tax e-filing portal

Non resident Taxation Payment to Sportsman

Venkat Raj 16 June 2023 at 08:54

This section even describes that while making payment to non-resident tax has to be deducted at rates under the Act or DTAA whichever is beneficial.

Unlocking Financial Success: Choosing the Right Professional for Your Personal Tax Return Filing in India

CA Raj Doshi 14 June 2023 at 09:11

When it comes to managing our finances, it's crucial to ensure that our personal tax returns are filed accurately and efficiently. The process of tax return filing in India can be complex and time-consuming, often leaving individuals feeling overwhelmed and confused.

Tax Benefits on Rent Paid: Relief for Non-Salaried Individuals

Rashmi 14 June 2023 at 09:11

When it comes to tax deductions for individuals living in rented accommodation, there is good news for both salaried and non-salaried individuals. While salaried taxpayers can claim House Rent Allowance (HRA) exemption, non-salaried individuals also have a provision that provides tax relief. Let's explore the details of this provision and the conditions to be fulfilled.