Easy Office
LCI Learning

Income Tax Articles


What will happen if you fail to declare NRI status?

  Khush Trivedi    03 May 2024 at 17:15

As we all are aware the first step for computing tax liability of an assessee is determination of residential status which can be either Resident or Non-resident & according to which one can find the taxable income as it is important to declare residential status.



Rule 114E of Income Tax Act

  Khush Trivedi    03 May 2024 at 15:52

In this article, you will learn about all the transactions of which reporting is required under the Rule 114E



Due Date Calendar for May 2024

  CS Divesh Goyal    03 May 2024 at 08:37

Event Date Act Applicable Form Obligation Tuesday, 7 May, 2024 Income Tax Challan No. ITNS-281 ..



TDS: A Bird's-Eye Summary

  CA Anoop Kumar Sharma    01 May 2024 at 14:45

In this article, we try to explore the TDS rate and provision in summary mode.



The Great Tax Escape: Saving Every Single Penny

  CA Pallav Singhania    01 May 2024 at 08:41

Let's embark on a journey together to navigate the world of taxes and find ways to minimize your tax, especially if you're earning up to 10 lakhs in India. Taxes can be overwhelming, but with a bit of know-how and a friendly guide, you can tackle them like a pro. So, grab a cup of chai and let's get started!



How to Decode Form 16A Password for TDS on Non-Salary Income

  Ishita Ramani    30 April 2024 at 08:30

In this article, we are going to be talking about how to know/decode for password for Form 16A for TDS Return.



NRI Tax Filing Guide: Indian Share Market 2023

  CA Arun Tiwari    30 April 2024 at 08:30

This guide aims to provide a careful overview of the essential aspects NRIs must consider.



Lump Sum out-of-court Employee settlement and its Tax implications!

  CA Aman Rajput    30 April 2024 at 08:29

Imagine you worked for a company, and after leaving your job, you received a lump sum from your employer as a settlement. Now, the big question is: do you need to pay tax on that money? And if yes, under which head will it be taxable?



Beneficial Provisions relating to Labours under Income Tax

  CA Umesh Sharma    29 April 2024 at 14:55

Labor Day is a reminder of the contributions of workers to society. They are one of the strongest pillars of our nation, as well as the economy. Businesses have to interact with this labor force on a day-to-day basis and thus should know all the tax and other related provisions relating to labor.



Deductions Available Under the Indian Income Tax Act for Individuals and HUFs for FY 2023-2024

  CA Pallav Singhania    27 April 2024 at 08:42

In this article, we'll explore the deductions available specifically for Individuals and HUFs for the financial year 2023-2024.