Income from business and profession – Meaning and taxability
Here, we'll examine what comprises business and professional income
List of transactions in which quoting PAN card is mandatory
Let's analyze which cases require submission of PAN, also at what limit it is required
Presumptive Income under section 44ada
This article will discuss the subject of Presumptive Income - its rate and eligibility
Unique Document Identification Number (UDIN)
We'll talk about the UDIN's format, registration, and consequences if it isn't generated
Chapter VI-A deductions under the Income tax Act
This article will talk about Chapter VI-A deductions under the Income Tax Act
Section 80EEB – Deduction for Electric Vehicle Loan Interest
Section 80EEB of the Income Tax Act In this post, we'll talk about Section 80EEB - Deduction for purchasing an electric vehicle and its benefits. Where we will take a close look at each section in detail: Introduction Section 80EEB eligibility Conditions to
All about ESOP and its taxability
Guide to ESOP with taxability In this post, we'll talk about ESOP, including its taxability, benefits and other important points. Where we will take a close look at each section in detail: What are ESOPs? Some key terms Benefits of
ITR e-verification time limit decreased from 120 days to 30 days
New update on ITR e-verification In this post, We'll discuss the latest update on ITR-filing. The Central Board of Direct Taxes has reduced the time period from 120 days to 30 days for verifying ITRs filed after August 1, 22. Let's
Old vs new income tax regime: Benefits & Rates
Old VS New Income Tax regime - Which one will you opt? In this post, we will discuss the difference between the Old vs New Income tax regime. The Finance Budget 2020 had proposed a new alternate income tax structure for
Tax benefits under NPS
Things you need to know about National Pension Scheme and its taxability In this post, we'll talk about the National Pension Scheme (NPS), including its taxability, benefits under NPS and other important points. Where we will take a close look at