Income Tax

  • 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
  • Income Tax

Section 269ST of Income Tax Act

Black money is a major threat to the Indian economy. Section 269St was inserted in Income Tax Act,1961 to curb…

3 years ago
  • Income Tax

Income Tax Rebate under Section 87A

In sequence to acceptably fund its numerous activities, consequences, and responsibilities, the government of a country imposes income tax on…

3 years ago
  • Income Tax

Who is an Assessing officer? How do you find your assessing officer?

Assessing officer: Why there are need? To ensure that the assessment is carried out in a consistent and well-organized way,…

3 years ago
  • Accounting

Depreciation Rate For Plant, Furniture, and Machinery

Depreciation rate is mentioned in the Income Tax Act for investments made in furniture, plant, and machinery by an assesses…

3 years ago
  • Income Tax

Income Tax e-Filing

What is Income tax? Income tax is one of the most fundamental taxes any individual/business has to pay to the…

5 years ago