Articles by Ritik Chopra

Section 80D of Income Tax Act

Posted by Ritik Chopra 06 March 2024 12559 Views

One of the most common expenditure of the general public is on medical/health insurance. Deduction regarding health insurance is allowed if health insurance premium is paid during the previous year out of income chargeable to tax and it is paid by any mode other than in cash.

Deduction under Section 80DD & 80DDB

Posted by Ritik Chopra 01 March 2024 13707 Views

Discussing Deduction in respect of maintenance including medical treatment of dependent that is a person with disability [Section 80DD] and Deduction in respect of medical treatment, etc. (Section 80DDB).

What do you mean by Annual Value?

Posted by Ritik Chopra 24 November 2023 329148 Views

The term annual value has been defined under Section 23(1) of the Income-tax Act, as "the sum for which the property might reasonably be expected to let from year to year".

Exceptions to the rule - Income of P.Y. is taxable in A.Y.

Posted by Ritik Chopra 18 July 2023 81174 Views

In some cases, income is taxed in the same year in which it is earned and so in these exceptional cases a previous year will also function as an assessment year. Let us discuss those exceptions.

A Complete Guide to Filing your CA Final Registration Form

Posted by Ritik Chopra 13 July 2023 20485 Views

Enrolling for CA Final level course has become an easy task since ICAI has made all the registration process online. This article is a complete guide for CA Final Registration.

A Complete Guide to Filing your CA Inter Registration Form

Posted by Ritik Chopra 13 July 2023 42418 Views

Enrolling for the CA Intermediate level course has become an easy task since ICAI has made all the registration process online. In this article, we will discuss the two routes for CA Inter Registration.

A Complete Guide to Filing your CA Foundation Registration Form

Posted by Ritik Chopra 13 July 2023 52265 Views

In this article, we discuss in detail all the steps through which you can file your CA Foundation Registration Form including the documents required, registration fees, steps to register etc.

What are Liquid Mutual Funds?

Posted by Ritik Chopra 28 March 2022 2226 Views

In this article, the author explains the meaning of liquid mutual funds, their suitability and their advantages.

7 Steps to Analyse an IPO

Posted by Ritik Chopra 21 March 2022 11595 Views

We all know that the season of IPO is going on with many companies coming up with IPO's and many more to come. This has created a lot of buzz and left many people confused as to such which IPO to apply for and which to leave. In this article, I have tried to come up with pointers to look out for when you want to analyse an IPO.

What is an IPO?

Posted by Ritik Chopra 19 March 2022 6473 Views

In a layman's language an initial public offer or an IPO is the first time when a company issues shares to Public. Before an IPO a company generally has few shareholders but when it decides to get listed on a stock exchange and to go public it takes the route of IPO.