Section 269ST of Income Tax Act

By |2021-09-17T06:52:17+00:00September 17th, 2021|Categories: Income Tax|Tags: , , , , , , , , , , , , |

Black money is a major threat to the Indian economy. Section 269St was inserted in Income Tax Act,1961 to curb the problems caused by black money. Black money has been a major threat to our economy. Many taxpayers use only cash transactions in order to evade their tax liabilities and their responsibility towards the country. Cash [...]

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Income Tax Rebate under Section 87A

By |2021-08-31T06:36:00+00:00August 31st, 2021|Categories: Income Tax|Tags: , , , , , , , , , |

In sequence to acceptably fund its numerous activities, consequences, and responsibilities, the government of a country imposes income tax on its citizens. The taxation structure for this Income Tax Rebate under Section 87A diverges from country to country. In India, this structure is developing, which signifies that your income tax liability increases in agreement with your [...]

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