Income Tax Provision from Sale of Shares
i. Long Term Capital Gain (LTCG) : If equity shares listed on a stock exchange are held and sold after...
Income Tax
New Tax Regime effective from 01-04-2023
There are new rules which are applicable from 1st April 2023 i.e from new financial year which are being described...
Tax Savings for Resident/Non-Resident Indians
Tax Benefits Available to NRIs in India 1. Indian Tax Regime: As per the Indian tax regime, NRIs are exempted...
TDS on transfer of Virtual Digital Assets (VDA) – Section 194S
TDS u/s 194S TDS on the transfer of VDAs Introduction of section 194S The Government has introduced Section 194S Under...
Section 276B of Income Tax Act 1961
Grievance Redressal Mechanism under Chapter XII-D or XVII-B section 276B of Income Tax Act 1961 Failure to pay tax to...
Setting up of Appeal Units under “Faceless Appeal Scheme 2021
F No. 187/4/2020-ITA-1 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** North Block,...
Setting up of Units under section 144B(3) of Income-tax Act, 1961
F No. 187/3/2020-ITA-1 Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) ***** North Block,...
CBDT notifies IBBI under section 10(46) of Income tax Act 1961
Notification No. 09/2023- Income Tax Dated: 01st March, 2023 under section clause 46 of section 10 of Income tax Act...
CBDT amends Income tax Notification No. 61/2022 dated 10th June, 2022
Notification under sub sections (1), (2) and (5) of section 120 of the Income tax Act, 1961 (43 of 1961)...
Amendments Regarding Charitable & Religious Trusts in Finance Bill 2023
As we are aware that many major changes have been done in relation to Charitable or Religious Trust (CRT) vide...