Cash Transactions: Penalties for Excessive Transactions
Cash Transactions are payments or transfers of amount that can be made using physical cash during a single transaction or […]
Cash Transactions are payments or transfers of amount that can be made using physical cash during a single transaction or […]
Form 10IEA allows taxpayers to choose between the old and new tax regimes. Starting from AY 2024-25 you are falling
ITR 2 is a return to be file by individuals or HUFs without any income from business or profession. The
ITR 1 also known as the SAHAJ form applies to those taxpayers that do not have total income exceeding ₹
TDS on cash withdrawal is a tax applied by the government if a person withdraws a large amount of cash
TDS on Contractor is a tax mechanism where the payer deducts a certain percentage as tax when making payments to
Senior Citizen Savings Scheme (SCSS) is a government backed saving scheme where principal and interest are backed by the government.
Section 80GG deduction is available under Chapter VI-A which provides tax relief to individuals who incur expenses on rent for
E -Tax Payment allows taxpayers to remit their taxes online by electronically through authorized channels, such as internet banking, mobile
Index launched by CBDT every year considering the inflation in the country. The Cost Inflation Index (CII) is used to
Gratuity is a statutory benefit paid to the employees as a token of appreciation for their service to the organization.
Deduction under section 80C of the Income Tax Act 1961, allows taxpayers to reduce their taxable income by making specific