Income Tax Articles

New Income Tax Portal: Faster Filing & Refunds

Posted by Taxblock 16 March 2022 6465 Views

Discover the new Income Tax Portal launched June 7, 2021. Features include fast ITR processing, free preparation software, call centre support, and multiple payment options.

Real Estate Developer Budget for Joint Ventures

Posted by Mohammed Ibrahim 16 March 2022 22810 Views

Learn how to create a real estate developer's budget for joint venture projects. Understand costs, profit, and feasibility for your development.

Residential House: Multiple Units & Tax Exemption

Posted by FCS Deepak Pratap Singh 16 March 2022 3524 Views

Discover if multiple independent units can form 'a residential house' for tax exemption under Section 54/54F. Learn how the courts interpret this.

Gratuity Tax Exemption: What You Need to Know

Posted by Neethi V. Kannanth 15 March 2022 5451 Views

Understand gratuity payments and tax exemptions in the UK. Learn about limits, calculations, and eligibility for government and private sector employees.

Section 54 & 54F Tax Exemptions: Key Judgments Explained

Posted by CS Advocate Abhishek Goyal 15 March 2022 10769 Views

Understand Section 54 & 54F capital gains tax exemptions. Explore key judicial decisions on property use, expenses, joint ownership, and HUF investments.

Income Tax Attachment Order & Company Liquidation Under IBC

Posted by FCS Deepak Pratap Singh 14 March 2022 4308 Views

Discover if an income tax attachment order bars asset sales during company liquidation under IBC 2016. Understand creditor rights and priorities.

Income Tax Due Date Extensions: New Deadlines Explained

Posted by CA Umesh Sharma 13 March 2022 6689 Views

Discover the extended due dates for income tax returns and compliances due to portal glitches. Find out the new deadlines here and ensure timely filing.

Tax Savings: Pay Rent to Parents & Save Tax

Posted by Hardik Lashkari 13 March 2022 1425 Views

Discover how paying rent to your parents can save you tax under Section 80GG. Learn the conditions and benefits for freelancers, solopreneurs, and employees.