If you are using house property for own residential purpose or business purpose, then this article will definitely help...
Taxpayers often get confused about the maintenance of books of accounts and the period for which books are maintained a...
What is House property income is a question that taxpayer wants while filing his income tax return. It has been seen th...
What are allowances? Allowances are the monetary support that is permitted within the permissible limit. Allowances...
Income tax department has released all forms for filing income tax returns for the financial year 2021-22 (Assessment y...
Income tax is a hot topic for every high paying taxpayer. Every time we meet with our associates, we discuss about tax ...
What is Tax Deduction at source (TDS) In order to collect quick and frequent collection of tax government has introd...
Income tax return is a declaration of income by a person who is earning more than the amount of income which is not cha...
What is definition of term ‘Salary’ under the income tax act 1961? Section 17 income tax act defines term ‘Sal...
Income tax return is a form in which taxpayer must file information in relation to income earned during the previous ye...
As per the income tax act 1961, every person being a person other than company and firm should file their income tax re...
Facts of the case: The assessee is an individual. He is a former employee of Motorola India. During May, 2000, the a...
What is Income tax return ITR stands for income tax return. As the name suggests that it is a declaration of income ...
The CENTRAL BOARD OF DIRECT TAXES on 21st April 2022 notified a new rule under the income tax rules 1962 namely r...
As per rule 114B, following are the transactions in which quoting of PAN is mandatory by every person except...
