Income Tax

People may invest in capital assets to provide a source of funding for their future financial goals, assure long-term financial […]

Equity mutual funds and stock investments are becoming quite popular. Previously, such investments were uncommon; but, with the advancement of

The Finance Act 2022 introduced Section 194R which relates to the deduction of tax on benefits or emoluments connecting businesses

As an Indian taxpayer, you always understand that you have to pay 20-25% tax on your income but we need

Tax Deducted at Source (TDS) is a mechanism introduced by the Income Tax Department. Under this, the responsible person is

Compliance is simply adhering to the laws and regulations established by various legal bodies. It can be difficult at times

The presumptive scheme under income tax is a popular scheme used by businesses and professionals. This system essentially reduces the

The income tax return (ITR) deadline is completed by the leading person for the 2021-22 financial year and the inspection

Whatever the basis of the requirement, the issuance of a notice of cause of the exhibition is a condition before

In a simple sense Loss, means the excess of expenses over income. Loss arises when income made during the financial

For the income tax assessment, the trusts are important organizations to be considered. Subject to the provisions of section 111

It is an old proverb that savings at a young age can play a great role in old age. Nowadays