When relief under section 89 of the Income Tax Act 1961 is available? Section 89- Relief under section 89…
Do any clubbing provisions exist in case of transfer of income without transfer of asset in Income tax Law ?…
Scope of assessment under section 143(1) Income Tax Assessment under section 143(1) of IT Act is like preliminary checking of…
Presumptive Taxation Scheme of section 44AD Section 44AD:- Meaning of presumptive taxation scheme- As per sections 44AA of the Income…
INCOME FROM HOUSE PROPERTY Income From House Property:- Taxable Income under the head “house property” Rental income from a property…
Payment of advance tax on Senior Citizen Payment of advance tax-As per section 208 of Income Tax Act, every person whose…
CBDT Extends Due date to file income tax returns CBDT Extends Due date to file income tax returns for AY…
Section 80EEA of Income tax Act, Deduction in respect of interest on loan taken for certain house property. In computing…
What is limited scrutiny in Income Tax? In case of Income Tax assessment two types of cases have been selected…
Taxability of life insurance maturity amount As per section 10(10D) of income tax act, any amount received under a life…