Articles by Taxblock

GST Notice Required for Tax, Interest & Penalty Collection

Posted by Taxblock 29 September 2021 15640 Views

Learn how the Telangana High Court ruled that GST authorities need a Section 74(1) notice before collecting tax, interest, or penalties. Understand your rights....

Tax on Gifts & Awards for Sportspeople in India

Posted by Taxblock 25 September 2021 2870 Views

Understand tax on gifts and awards for sportspersons in India. Discover exemptions and tax rates under the Income Tax Act.

Who is a 'Person' Under IT Act 1961? Definition Explained

Posted by Taxblock 25 September 2021 1953 Views

Understand the definition of 'person' under the Income-tax Act 1961. Learn about individuals, firms, HUFs, companies, and more. Read now!

EPF, PPF & NPS: Differences & Tax Benefits Explained

Posted by Taxblock 25 September 2021 3374 Views

Compare EPF, PPF, and NPS schemes. Understand their features, benefits, and tax advantages for IT employees and individuals. Make informed financial decisions.

Indian Residential Status: How to Determine Your Tax Status

Posted by Taxblock 25 September 2021 4779 Views

Understand your Indian residential status for tax purposes. Learn the criteria for individuals, companies, HUFs, and more. Determine your taxability now!

Startup Tax Exemptions India: Claim Your Benefits

Posted by Taxblock 15 September 2021 6890 Views

Discover tax exemptions for startups in India, including profit, capital gains, and investment tax breaks. Learn eligibility and how to claim.

Understanding LTA: Your Guide to Leave Travel Allowance

Posted by Taxblock 13 September 2021 3727 Views

Discover Leave Travel Allowance (LTA) and its benefits. Learn the rules, exemptions, and how to claim this tax-saving travel perk from your employer.

Link Aadhaar with PAN: Benefits & How-To Guide

Posted by Taxblock 13 September 2021 1990 Views

Discover the benefits of linking your Aadhaar with PAN and follow our simple step-by-step guide to complete the process online. Ensure your PAN remains active.