Income Tax Articles

Direct taxes v/s Indirect taxes in India

Ishita Ramani 24 November 2021 at 09:39

Indirect and direct taxes are the two most common types of taxes in India. In India, all taxes must be preceded by legislation passed by both the Parliament and State Legislatures.

Deductions to look out for while filing your Income Tax Return

Ritik Chopra 22 November 2021 at 13:29

In this article, the author has discussed the deductions to look out for while filing your Income Tax Return.

Some Facts Related to Fixed Deposits

FCS Deepak Pratap Singh 22 November 2021 at 09:48

We know that Bank Fixed Deposits /Recurring deposits are the most trusted instruments for savings in our country. The people generally wants to deposit their hard earned money in bank in FDs/RDs.

Section 80EEB of Income Tax Act: Interest on Electric Vehicle

CA Piyush Agarwal 22 November 2021 at 09:42

A new section 80EEB of Income Tax Act, 1961 has been introduced allowing a deduction for interest paid on loan taken for the purchase of electric vehicles from the AY 2020-21.

What is e-filing of return?

Ritik Chopra 18 November 2021 at 15:11

The process of electronically filing Income tax returns through the internet is known as e-Filing or electronic filing of return. This means you no longer need to visit the nearest Income Tax Department's office to file your returns physically.

Withholding Tax Rates as per DTAA

Neethi V. Kannanth 18 November 2021 at 14:42

This write up provides all such rates as prescribed under various Double Taxation Avoidance Agreements entered into between Indian and various foreign countries.

Taxability of Listing gains in IPO

CA Nikita Motwani 16 November 2021 at 09:43

IPOs are an opportunity for picking up great stocks for long term investment. But one of the major reasons for investing in IPOs by retail investors is listing ..