Poojitha Raamaprasad, Author at Tax Guide

Golden Rules of Accounting: The 3 Main Rules With Example

Golden Rules of Accounting is essential to grasp the basics of financial transactions. These rules form the foundation of double-entry […]

The Income Tax Department charges interest for delay in depositing TDS (Tax Deducted at Source). This article explains how interest

Short-Term Capital Gains (STCG) on shares occur when equity shares or equity mutual funds are sold within 12 months. For

Investing in the stock market can yield great returns but when it is sold, the shares which is held for

A Chartered Accountant (CA) is a highly respected professional in India, playing a vital role in finance, auditing, taxation, and

ATM withdrawal limit is crucial for smart money management and avoiding transaction charges. Whether you’re using a savings account or

F and O – Futures and Options is a non speculative business which are types of financial derivatives used in

Section 80E of the Income Tax Act allows a tax deduction on the interest paid on education loans for higher

Section 80C of the Income Tax Act remains a popular go-to for millions of Indian taxpayers. Offering deductions of up

A cash transaction involves the exchange of physical currency for payment or receipt, distinguishing it from digital methods such as

Filing income tax returns is a crucial responsibility for every taxpayer. However, it’s not uncommon to realize errors or omissions

Set off and Carry forward of losses refer to adjusting losses incurred under one head of income or in one