Income Tax Articles
Auto Calculate Income Tax Preparation Software for Non-Govt Employees for FY 2023-24 & AY 2024-25
04 April 2023
7632 Views
Section 16 of the Income Tax Act | With Auto Calculate Income Tax Preparation Software All in One in Excel for the Non-Govt Employees for the F.Y.2023-24 & A.Y.2024-25
Auto Calculate Income Tax Preparation Software for all salaried persons for FY 2023-24 & AY 2024-25
03 April 2023
28155 Views
According to the actual Tax Slab on your total income found under the old or new tax system, each salaried employee will be subject to tax. Payroll employees must file income tax returns at the beginning of the 2023-2024 tax year because, after various deductions, income tax is calculated based on various tax brackets.
What is Form 16?
In this article, we understand all about Form 16, including its meaning, eligibility criteria, parts, download process, and linkage between Form 16 and Form 26AS.
FAQs on Statutory Forms & related Services issued by IT Department
IT Department issued FAQs on Statutory Forms & related Services
New Income Tax Rules w.e.f 1st April 2023
The Government has made some new rules which are applicable from 1st April 2023 i.e from the new financial year
Section 194IA: Understanding TDS on Immovable Property
Section 194IA of the Income Tax Act governs the TDS deduction on the transfer of immovable property. In this article, the author will discuss the provisions and implications of this section in detail.
Statutory Tax Compliance Tracker: April 2023
Tax Compliance Tracker for the month of April 2023
Section 69: Power of Arrest
What does Section 69 Say?Where the commissioner has reason to believe that a person has committed any offence specified in clause (a) or clause (b) or clause (c...
All about Income Tax Audit
There are many types of audits conducted under various laws. Similarly, an audit conducted under the Income Tax Act, 1961 is called a ‘Tax Audit’. In the Income Tax Act, 1961, section 44AB mandates provisions for a tax audit, which are explained as follows. In the following circumstance, a tax audit will be mandatory.
No TDS u/s 194J on Payments for Software Purchase
As Per notification no. 21/2012 dated 13.06.2012 no deduction of tax shall be made on certain payments by a person for the acquisition of software from another person.
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