income-tax

income tax

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income-tax

Understanding Section 45 of the Income Tax Act: Capital Gains Explained

Explore Section 45 of the Income Tax Act, 1961, covering capital gains, asset classifications, and tax exemptions details.

income-tax

Understanding India's Tax Structure: Residential Status Explained

Explore India's complex tax structure, focusing on residential status for individuals, companies, and families, and its implications on tax liability.

income-tax

Know When to Say No to Cash Transactions: Benefits and Regulations Explained

Explore "Know When to Say No to Cash Transactions" for insights on cash evolution, cashless benefits, tax implications, and regulatory frameworks.

income-tax

Income Tax Investigation Uncovers ₹500 Crore Tax Evasion by Chennai Wellness Group

Income Tax Department investigates a Chennai wellness group for income suppression and offshore investments, uncovering ₹500 crore in undisclosed income.

income-tax

Updated Income Tax Return Facility: Key Amendments and Guidelines

Explore the updated return facility under the Income-tax Act, 1961, enhancing tax compliance with new amendments and tax rates.

income-tax

Understanding India's Tax Structure: Responsibilities, Consequences, and Importance

Understanding the Indian tax structure, consequences of late filing, and the importance of timely tax payments. Essential for all citizens.

income-tax

Deposit Limits for Self-Accounts and Minor Accounts Explained

Understand deposit limits for self-account and minor accounts; Rs. 1,50,000 cap, excess leads to no interest or tax benefits.

income-tax

Understanding the Arm's Length Price Principle in Modern Taxation

The Arm's Length Price (ALP) optimizes business profits for tax purposes, rooted in historical principles and facing current relevance challenges amid global changes.

income-tax

Understanding ITAT Ruling on Section 14A Disallowance in Century Real Estate Case

The blog analyzes ITAT Bangalore's judgment on Century Real Estate Holdings' appeal regarding disallowance under section 14A, emphasizing limits based on exempt income.