Income Tax Articles

Belated ITR Filing Deadline: 31st Dec for FY 2021-22

Posted by Mitali 28 December 2022 8896 Views

Missed the ITR deadline? File your belated Income Tax Return for FY 2021-22 by 31st December 2022. Learn about reasons to file and potential penalties.

Section 68: Unexplained Cash Credits Explained

Posted by Anchal Gupta 24 December 2022 10767 Views

Understand Section 68 of the Income Tax Act regarding unexplained cash credits. Learn when such credits can be taxed as income and the conditions for assessment.

Supreme Court Ends Tax Evasion via Partnership Firms

Posted by FCS Deepak Pratap Singh 07 December 2022 20317 Views

Discover how the Supreme Court has closed the loophole allowing tax evasion through partnership firms, particularly on property transfers. Learn about the implications.

December 2022 Tax Compliance Deadlines: Income Tax & GST

Posted by CS Lalit Rajput 02 December 2022 5835 Views

Stay compliant this December 2022! Find all Income Tax and GST due dates, including TDS, advance tax, GSTR-3B, GSTR-1, and annual returns. Don't miss out!

What is HUF? How to Create a HUF Deed in India

Posted by Ashok Pitroda 24 November 2022 11723 Views

Discover what a Hindu Undivided Family (HUF) is and understand the essential steps to create a HUF deed for legal recognition and business purposes.

Section 115BAA: Domestic Companies Tax Rate @25.168%

Posted by Shreyansh Ranka 22 November 2022 8918 Views

Discover Section 115BAA for domestic companies. Learn about the concessional tax rate of 25.168% and MAT exemption. Find out if you qualify.

Tax Benefits for Children: Save on Education Costs

Posted by CA Umesh Sharma 15 November 2022 7862 Views

Discover tax benefits for parents on children's education, tuition fees, hostel allowance, and the Sukanya Samruddhi Scheme. Learn about minor income clubbing.