Income Tax Return

  • Income Tax

Section 112A of Income Tax Act, 1961

INTRODUCTION Through the Finance Bill 2018, the govt has presented Section 112A under the tax Act, 1961. The new section…

2 years ago
  • Income Tax

Section 43b of Income Tax Act,1961

Individuals can claim certain payments as an expense under the rules of the Income Tax Act of 1961 when their…

3 years ago
  • Income Tax

How to generate income tax return(itr)in xml file

There are two ways to file income tax returns (ITR): online and offline. In the first approach, you can fill…

3 years ago
  • Taxation

Form 12B: A Complete Guide

For the most part, people need to finish a few formalities when choosing to join another organization in a financial…

3 years ago
  • Income Tax

Section 24 of Indian Income Tax Act – Income tax deductions from house property

The Indian Income-tax Act, 1961 (hereinafter referred to as the "Act") provides for deduction in respect of certain expenses incurred…

3 years ago
  • Business

Section 54 – Capital Gain Exemption | Section 54 vs Section 54 F

Section 54 – Capital Gain Exemption: A residential home sale is a capital asset sale, and the profit is taxed…

3 years ago