Tax Article

Eligible Business under section 44AD ||Who is eligible and not eligible to take advantage of the presumptive taxation scheme of section 44AD?

​​​​​​​Eligible Business under section 44AD The presumptive taxation scheme of section 44AD of income tax Act 1961 can be adopted…

7 years ago

What is pre-construction period?||Home loan tax benefit

What is pre-construction period? While computing income chargeable to tax under the head "Income from house property" in case of…

7 years ago

What are the provisions relating to computation of capital gain in case of transfer of asset by way of gift, or through Will, etc.? || Capital Gain on Gifted Assets

Capital Gain on Gifted Assets Capital gain arises if a person transfers a capital asset. (land, building or jewelry or…

7 years ago

Exemption From GST Registration to dealers whose aggregate turnover ||GST Exemption limit for supply of Goods

 GST Exemption limit for supply of Goods The Central Government, on the recommendations of the Council, hereby specifies  Exemption from…

7 years ago

Procedure for GST registration ||Section 25 of CGST Act

Provision for GST registration.-Section 25 of CGST Act Every person/trader who is liable to be registered under section 22 or…

7 years ago

What are the benefits available in respect of interest on deposits in case of senior citizens? || Income tax benefits to Senior citizens

Mainly two benefits are available :- Section 80TTB of the Income Tax law Section 80TTB of the Income Tax law…

7 years ago

How to compute income from a property which is let out throughout the year? || Compute Income from house property

Compute Income from house property Income chargeable to tax under the head "Income from house property" in the case of…

7 years ago

क्या व्यापारी की टैक्स चोरी पर ट्रांस्पोर्टर की गाड़ी को जब्त किया जा सकता है?||Can the transporter vehicle be seized on the person(trader) tax evasion?

क्या व्यापारी की टैक्स चोरी पर ट्रांस्पोर्टर की गाड़ी को जब्त किया जा सकता है?||Can the transporter vehicle be seized…

7 years ago

विक्रेता को भुगतान न करने पर रिवर्स करना होगा इनपुट टैक्स|| Reversal of Input Tax Credit if Payment not Made to Supplier

विक्रेता को भुगतान न करने पर रिवर्स करना होगा इनपुट टैक्स अभी तक हमारे देश में लागू अप्रत्यक्ष कर कानून…

7 years ago