F&Q

When relief under section 89 of the Income Tax Act 1961 is available? ||Relief under section 89

When relief under section 89 of the Income Tax Act 1961 is available? ​​ Section 89- Relief under section 89…

6 years ago

Do any clubbing provisions exist in case of transfer of income without transfer of asset in Income tax Law ?

Do any clubbing provisions exist in case of transfer of income without transfer of asset in Income tax Law ?…

6 years ago

What is the time limit for making the assessment under section 143(3)of income tax act i.e. scrutiny assessment? || Section 143 (3) Assessment mean

What is the time limit for making the assessment under section 143(3)of income tax act i.e. scrutiny assessment?  Section 143…

6 years ago

What is assessment under of section 143(1) of Income tax Act 1961? ||Scope of assessment under section 143(1)

Scope of assessment under section 143(1) Income Tax Assessment under section 143(1) of IT Act is like preliminary checking of…

6 years ago

Presumptive Taxation Scheme of section 44AD || F & Q on Presumptive Taxation Scheme of section 44AD

Presumptive Taxation Scheme of section 44AD Section 44AD:- Meaning of presumptive taxation scheme- ​​​As per sections 44AA of the Income…

6 years ago

Is a Resident senior citizen granted exemption from payment of advance tax (Income tax)? ||Advance Tax on Senior Citizen

Payment of advance tax on Senior Citizen Payment of advance tax-As per section 208 of Income Tax Act, every person whose…

7 years ago