Form 10E Of Income Tax: Importance, Filing Process, And Eligibility
Did you face a delay in receiving your salary, resulting in higher tax liability? No need to worry ... Read More »
Capital Gains Calculator: Process, Uses And Taxation Rates
Profits accrued through the sale of assets such as mutual fund units, bonds, patents or trademarks ... Read More »
Section 80TTA Of The Income Tax Act: Eligibility, Tax Benefits And Deductions
Section 80TTA of Income Tax offers a tax deduction for earning interest income. This tax benefit is... Read More »
Section 234C Of The Income Tax Act: Interest On Default Of Advance Tax
The Income Tax Department levies different types of interest on delays and defaults of income tax p... Read More »
Section 194IB Of The Income Tax Act: Purpose, Rules And TDS Deposition Guide
Section 194IB of the Income Tax Act focuses on TDS deducted on the payment of house rent. If you ar... Read More »
Section 44AA Of The Income Tax Act: What Are Books Of Accounts Under Section 44AA
Do you need to maintain books of accounts for your business or profession? There are many misconcep... Read More »
How To Use A Take-Home Salary Calculator
Take-home salary is the total salary that you receive after various deductions. A take-ho... Read More »
Section 80E of The Income Tax Act: Eligibility, Tax Benefits and Deduction
Education loans are highly useful financial instruments to help you manage expenses related to high... Read More »
Section 195 Of The Income Tax Act: TDS Deduction, Process And Eligibility
When Non-Resident Indians earn an amount in India, that income is taxed under Section 195 of I... Read More »
Section 80EEA Of The Income Tax Act: Terms And Conditions, Eligibility And Deductions
Are you planning to purchase a property with the help of a home loan? If yes, then Section 80EEA... Read More »
Section 80DD Of The Income Tax Act: Terms And Conditions, Eligibility And Documents Required
Even though there has been a substantial improvement noticed in the healthcare management of India,... Read More »
Section 80CCC Of Income Tax: Importance, Eligibility, And Deductions
Section 80CCC of Income Tax Act permits individuals to claim tax deductions if they have paid any a... Read More »
Section 80GG Of Income Tax Act, 1961: Tax Claim, Eligibility, Exceptions And Deductions
Home rents can be burdensome, especially in urban areas. Since the demand for rented property is co... Read More »
New Tax Regime Under Section 115 BAC: Features and Implementation
From the financial year 2020-21, an optional tax regime came into existence. The Budget of 2020 spe... Read More »
Section 194I TDS On Rent: What Is It, Inclusions & TDS Rates
Rent, being a significant source of income for the country, came into the ambit of tax through ... Read More »
Overview Of Section 54F Of Income Tax Act
Depending upon the duration of ownership, capital assets are segregated into two categories- long t... Read More »
Section 194IA Of Income Tax: TDS On Immovable Property
Among various forms of taxes in India, buyers are also liable to deduct tax at source (TDS) when pu... Read More »
Income Tax Deductions: Salaried Employees’ Income Tax Exemptions & Allowances
There are certain deductions and allowances that allow people to reduce their taxable income under ... Read More »
Everything To Know About Section 194Q Of The Income Tax Act
The Indian Government introduced Section 194Q under the Income Tax Act through Clause 54 of the Fin... Read More »
Section 269SS Of Income Tax Act: Penalty & Exemptions Under Sec 269SS
Mr Sharma is amid an unexpected financial instability. He has to look after his business expenses a... Read More »
Section 80DDB Deduction: Diseases Covered Under Section 80DDB Of Income Tax Act
When it comes to chronic diseases, a health insurance plan may not be enough. There are specific me... Read More »
Section 44AD of Income Tax Act: Presumptive Taxation Under 44AD Income Tax
The Government of India has launched presumptive taxation under Section 44AD of the Income Tax Act ... Read More »
Section 194C Of The Income Tax Act: How Is TDS Calculated, Deduction & More
Section 194C of the IT Act, 1961 deals with the TDS that should be deducted if a person makes a pay... Read More »
Section 194A of Income Tax: What Is It, TDS Deduction And Deduction Rate
The concept of tax deducted at source came into the picture to make the process of collecting taxes... Read More »