Articles by Khush Trivedi

Key Features Of Faceless Assessments Scheme

Khush Trivedi 27 June 2025 at 16:05

Discover the key features of the Faceless Assessment Scheme introduced by the Income Tax Department, aimed at enhancing transparency, reducing human interface, and ensuring uniformity in tax assessments across India.

Legal Framework of Faceless Assessments & Appeals

Khush Trivedi 26 June 2025 at 17:44

Faceless assessment is managed entirely through the National Faceless Assessment Centre (NFAC) and 4 types of functionally specialized units

Faceless Assessments & Appeals: Reforming Tax Administration

Khush Trivedi 26 June 2025 at 17:24

IntroductionThe Income Tax Act, 1961, lays down a comprehensive mechanism for assessing an individual’s or entities taxable income and determining their c

How E-Way bill 2 Portal simplifies generating E-Way bill process?

Khush Trivedi 03 June 2024 at 11:16

Have you faced any technical difficulty while generating an E-way bill using the E-way bill portal? Here is a solution for you.

General Provident Fund (GPF): Is GPF better than EPF?

Khush Trivedi 29 May 2024 at 11:24

GPF is a provident fund scheme that refers to government employees. Check out whether GPF is better than EPF?

Depreciation under Income Tax Act: How to calculate depreciation on the WDV of a Block of assets?

Khush Trivedi 27 May 2024 at 11:53

Depreciation is calculated annually based on the two methods. Check out the two methods to calculate depreciation.

Section 50: Capital Gain on sale of depreciable asset

Khush Trivedi 20 May 2024 at 08:34

As we are all aware, the sale of any capital asset results in capital gain and is taxable under the Capital Gains of Income Tax Act of 1961. But have you heard that the sale of depreciable assets also results in capital gains in some circumstances? Let's understand what it is!