Income Tax Articles

Crypto Tax in India: Navigating the Income Tax Act, 1961

Posted by Adv. Ravish Bhatt, ADIT, CIOT 28 July 2022 6967 Views

Understand cryptocurrency taxation in India under the Income Tax Act, 1961. Learn about Virtual Digital Assets (VDAs), tax rates, and loss set-offs.

5 Consequences of Not Filing Your Income Tax Return

Posted by Shruti 28 July 2022 11367 Views

Discover the 5 serious consequences of not filing your income tax return, including penalties, loan issues, and loss of refunds. File on time!

Sec 44AD: Deemed vs Actual Profit - What You Need to Know

Posted by Akhil Pachori 28 July 2022 10087 Views

Understand the difference between deemed profit and actual profit under Sec 44AD. Learn why declaring lower profit could lead to tax evasion issues.

What is HRA? Your Guide to House Rent Allowance & Claims

Posted by Niyati 26 July 2022 15547 Views

Understand House Rent Allowance (HRA), how it's calculated based on your salary and rent, and how to claim tax exemptions. Reduce your tax burden now!

CBDT Released FAQs on Annual Information Statement (AIS)

Posted by Shree 25 July 2022 8285 Views

Understand the new Annual Information Statement (AIS) with CBDT's FAQs. Learn about its features, how to view it, and how to submit feedback. Get started now!

International Taxation Basics: A Guide for 2024

Posted by Venkat Raj 23 July 2022 5747 Views

Understand the fundamentals of international taxation, including key concepts like POEM, GAAR, and DTAA. Expand your tax practice with this essential guide.

National Pension Scheme: Secure Your Retirement

Posted by Taxblock 19 July 2022 7199 Views

Discover the benefits of the National Pension Scheme (NPS). Learn about tax advantages, investment returns, and how to open your account today for a secure future.

Buy Electric Vehicle: Claim Income Tax Deduction

Posted by Poojitha Raam Vinay 19 July 2022 9233 Views

Purchase an electric vehicle and claim a tax deduction of up to Rs. 1.5 lakh on loan interest under Section 80EEB. Learn eligibility and requirements.