Income Tax Articles

SC Limits Tax Reopening: Incriminating Material Needed

Posted by Rashmi 27 April 2023 2604 Views

Supreme Court rules tax authorities need incriminating material to reopen completed assessments under Section 153A. Learn how this impacts taxpayers.

12AA/12AB Trust Registration vs. Section 10(23C) Exemptions

Posted by Geetanjali Pandey 26 April 2023 9654 Views

Compare trusts registered under 12AA/12AB with those under Section 10(23C) (iv-via). Understand key differences in purpose, income, and compliance.

Form 10 Filing: Changes for Trusts & Institutions

Posted by Geetanjali Pandey 25 April 2023 5652 Views

Understand the recent amendments to Form 10 for Trusts and Institutions under Section 10(23C) and Section 12AA/12AB. Learn filing requirements and consequences....

Section 80G Tax Deduction: Get Your Income Tax Certificate

Posted by Rashmi 26 April 2023 19394 Views

Claim your Section 80G tax deduction for donations. Learn how to get the mandatory certificate from the Income Tax portal and file your ITR.

FY 2023-24 Depreciation Rates: Income Tax Act Guide

Posted by Mitali online

07 March 2024 223764 Views

Discover FY 2023-24 depreciation rates under the Income Tax Act. Learn deductible expenses for assets like buildings, machinery, and more. Get the details now!

Old vs New Tax Regime: Which Deductions Apply?

Posted by CA. Brijesh Baranwal 25 April 2023 30991 Views

Compare deductions under the old and new income tax regimes for FY 2023-2024. Choose the most beneficial tax plan for you.

India's New Tax Regime: Benefits & Drawbacks Explained

Posted by Abhishek Raja 24 April 2023 66799 Views

Explore India's new optional tax regime. Understand its lower rates, fewer deductions, and how to choose between old and new for your tax savings.

New Tax Regime 2023-24: Deductions & Exemptions

Posted by Pranab Banerjee 06 July 2023 16138 Views

Discover which deductions and exemptions are available in the new tax regime for FY 2023-24. Understand the changes and benefits.

TDS on Life Insurance: Section 194DA Explained

Posted by CA Ruby Bansal 22 April 2023 11704 Views

Understand TDS on life insurance policies under Section 194DA. Learn about rates, when it applies, and available exemptions for policy payouts.

Choose Your Tax Regime for FY 2023-24

Posted by Affluence Advisory 24 April 2023 5121 Views

Confused about tax regimes? Learn the differences between the old and new tax regimes for FY 2023-24 and choose the best one for your financial situation.