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Section 12A of the Income Tax Act: Unveiling Benefits and Key Provisions
NGOs and Charitable Trusts may not work for profit, but they are given special benefits by the government for doing their bit for...

Asharam Swain
Oct 16, 20248 min read
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Tax Evasion and Penalties: A Detailed Guide for Indian Taxpayers
The phrases "tax planning," "tax avoidance," and "tax evasion" are defined in the Chapter XXII Income-tax Act of 1961 . There are now...

PRITI SIRDESHMUKH
Oct 14, 202411 min read
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Tax on Intraday Trading: Understanding How Gains on Intraday Trading Are Taxed
If you intend to begin intraday trading, make sure you are aware of the income tax that applies to any profits made. If you fail to...

PRITI SIRDESHMUKH
Oct 10, 20249 min read
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Section 45 of the Income Tax Act: Understanding the Tax Treatment of Capital Gains
The fundamental law that controls income taxation in India is the Income Tax Act. It offers the framework legally necessary for the...

Nimisha Panda
Oct 10, 20249 min read
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Indexation: A Guide on the Meaning, Benefits, and Calculation
Calculating the gain or loss on your investments is mostly dependent on indexation. By modifying the acquisition price of the underlying...

Dipali Waghmode
Oct 10, 20248 min read
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Types of Return in Income Tax
Filing taxes doesn't have to be confusing or stressful, especially when you know there are different types of returns to help you stay on...

Rashmita Choudhary
Oct 8, 202411 min read
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What are Emoluments in Salary: A Comprehensive Guide for Salaried Individuals
Employment is a concept that is highly valued in India since it affects a person's financial security as well as their legal and tax...

Nimisha Panda
Sep 21, 20248 min read
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Centralised Processing Centre: An Overview
On February 16, 2024, the Ministry of Corporate Affairs announced a number of steps made to facilitate business dealings, such as the...

Rajesh Kumar Kar
Sep 21, 202410 min read
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Collection and Recovery of Tax in India: Understanding the Mechanisms and Legal Framework
The collection and recovery of taxes are fundamental processes that ensure the government has the necessary funds to provide public...

Rashmita Choudhary
Sep 18, 202410 min read
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Tax Residency Certificate: What Taxpayers Need to Know
Many people and companies earn money from several nations. Their income might then be subject to taxation in both countries. Most...

Nimisha Panda
Sep 3, 20248 min read
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