Income Tax Articles

Liquid Mutual Funds: Safe, High-Return Short-Term Investments

Posted by Ritik Chopra 28 March 2022 2227 Views

Discover liquid mutual funds: low-risk debt funds with higher returns than savings accounts. Ideal for surplus cash, emergency funds, and short-term parking. Learn more!

Holding & Subsidiary Asset Transfer Tax Rules

Posted by FCS Deepak Pratap Singh 28 March 2022 7348 Views

Understand tax implications of transferring capital assets between holding and subsidiary companies. Learn about exemptions and withdrawal conditions.

Bank Deposits & Tax Benefits: Savings, Fixed, Current Accounts

Posted by Taxblock 27 March 2022 1711 Views

Explore different bank deposit types like Savings, Current, Fixed, and Recurring. Discover applicable tax benefits under the Income Tax Act.

Include All Incomes in Your Tax Return - Avoid Penalties

Posted by CA Rahul Mittal 26 March 2022 7148 Views

Filing your tax return? Don't forget to declare interest, rental, capital gains, gifts & dividends. Ensure accuracy to avoid issues.

Who Needs to File ITR & Which Form to Use?

Posted by Varsha Nayyar 26 March 2022 1899 Views

Discover who must file an Income Tax Return (ITR) for AY 21-22 and the correct ITR form to use based on your income sources and thresholds. Find out now!

Capital Gains Tax Explained: Types, Exemptions & More

Posted by Taxblock 23 March 2022 8055 Views

Understand capital gains tax in the UK. Learn about long-term vs. short-term gains, how to calculate them, and available tax exemptions. Get informed!

Notional Interest on Security Deposits & Perquisites

Posted by FCS Deepak Pratap Singh 23 March 2022 4111 Views

Discover if notional interest on employer-paid security deposits for employee accommodation counts towards perquisites. Learn about IT rules and court decisions.

Tonnage Taxation Explained: For Shipping Companies

Posted by Poojitha Raam Vinay

21 March 2022 16983 Views

Understand Tonnage Taxation, a special tax scheme for qualifying Indian shipping companies. Learn eligibility, ship requirements, and how to apply.

Income Tax Search & Seizure: Irregularity vs Illegality

Posted by CA.Mohit Gupta 21 March 2022 2744 Views

Understand the difference between procedural irregularities and illegalities in income tax searches and seizures. Learn how courts view these issues.

Section 79A: No Loss Set-Off on Undisclosed Income

Posted by CA.Mohit Gupta 21 March 2022 10704 Views

Learn about the Finance Bill 2022's Section 79A, preventing loss set-offs against undisclosed income found during searches and surveys. Understand its impact.