Income Tax Articles

NRI Property Sale Tax in India: Capital Gains & TDS

Posted by Affluence Advisory 09 May 2023 5236 Views

Understand Capital Gains Tax and TDS for NRIs selling property in India. Learn how to save tax with Section 54 & 54EC exemptions.

Challan 280: Auto-Fill Income Tax in Excel

Posted by Pranab Banerjee 21 March 2024 9612 Views

Easily pay income tax offline with Challan 280. Download, auto-fill in Excel, and pay at authorised banks. Learn how to check status and correct errors.

Who Must File Income Tax Return (ITR)?

Posted by Affluence Advisory 08 May 2023 4419 Views

Discover who is required to file an Income Tax Return (ITR) in India. Learn about income thresholds, foreign assets, and significant financial transactions.

Guide to Reopening of Assessment Proceedings under IT Act

Posted by Adv. Ravish Bhatt, ADIT, CIOT 06 May 2023 6455 Views

Understand and respond to notices for reopening of assessment proceedings under the IT Act 1961. Get practical guidance on your rights and obligations.

New Tax Regime Changes 2023: What You Need to Know

Posted by Pranab Banerjee 06 May 2023 8305 Views

Discover the key changes to India's new tax regime introduced in Budget 2023. Learn about standard deduction, tax rates, and rebate limits.

Alternate Accommodation Tax: Is It Taxable?

Posted by Affluence Advisory 05 May 2023 4622 Views

Understand the taxability of alternate accommodation during property redevelopment. Find out if rental compensation is a capital receipt and not taxable.

Supreme Court: Sec 153C Amendment Applies Retrospectively

Posted by CA.Mohit Gupta 02 May 2023 8687 Views

Discover how the Supreme Court ruled Section 153C amendment applies to searches before June 1, 2015. Understand the implications for your tax assessments.

Which ITR Form to File? Guide to Income Tax Returns

Posted by Divyanshu Sharma 16 April 2024 17523 Views

Confused about ITR forms? Understand ITR 1, ITR 2, ITR 3, ITR 4, and others for individuals, businesses, and entities. Find your correct form.

Non-Resident Income Taxable in India: Section 9 Explained

Posted by Geetanjali Pandey 29 April 2023 6153 Views

Understand income deemed to accrue or arise in India for non-residents. Learn about business connection, significant economic presence, and taxable income sources.

Taxability of Non-Residents in India: Key Concepts

Posted by Geetanjali Pandey 28 April 2023 6029 Views

Understand the taxability of non-residents in India. Explore key concepts like residential status, scope of income, and business connection under the Income Tax Act.