Section 54 of the Income-tax Act, 1961
A man wanted to change his place of residence for some reason, so he sold his old house and bought […]
A man wanted to change his place of residence for some reason, so he sold his old house and bought […]
The Income-tax Act imposes numerous forms of interest for various types of delays/defaults. This article discusses the provisions of sections
Tax Deducted at Source (TDS) is the tax, which is deducted from the income of a person before the sum
The term Property indicates a capital asset that includes flats, buildings, and surprisingly a plot of land. Further, the principle
The Central Board of Direct Taxes (CBDT) has dispatched the new income tax e-filing portal on 7th June 2021. The
Charitable institutions registered under section 12AA of the Act may seek exemption under section 11 of the Act once conditions
Housing Rent Allowance, or HRA, is a portion of most salaried individuals’ pay. If you fulfil all of the conditions,
India is the world’s third-largest incubator, with 55000 start-ups. There are 59 unicorns among them. Start-ups are growing in number
The Income Tax Return (ITR) is a self-declaration form in which taxpayers are obliged to provide information about their income
Provident Fund revenue has been tax-free for many years. As with old provisions, at least 12% of salary should have
Form 16 is a TDS certificate that lists out the taxable income to be paid to the government thus, every
We’ve all heard about India’s accomplishment at the 2020 Tokyo Olympic Games. Whether that was Neeraj Chopra’s gold or Mirabai