Income Tax

Section 115BAA

Section 115BAA of the Income Tax Act, 1961 provides a concessional tax rate for domestic companies. Domestic companies can opt to pay tax...

The Taxation of Private Limited Companies

The taxation of private limited companies in India is governed by the Income Tax Act, 1961. Private limited companies are taxed as...

The Best Tax Deductions for Your Business

There are a number of tax deductions available to businesses in India for the financial year 2023-24. These deductions can help to reduce...

How to Save Money on Your Taxes

Paying taxes is an essential part of being a responsible citizen in India. However, there are various ways to save money on your taxes...

TDS ON PROPERTY PURCHASE

TDS or tax the deduction is the process of collecting income tax at the source by the Government of India sources. It deducts a kind of...

Income tax on money earned from Online Gambling

Betting or gambling is illegal in most of India. However, there's no law that creates online card-playing associate degree criminal...

INCOME TAX RETURNS FORMS

In India income sources are different and making decisions about net taxable income is so difficult. Like salary, capital gain, rental...

Documents required to File taxation returns of Private Limited, LLP, Partnership, Proprietor, etc.

1. General Details Pan Card Aadhar Card Mobile Number eMail Address Bank Account Details (account Number, IFSC Code) 2. Gather all bank...

How to file the ITR-1 Sahaj form online for AY 2021-22: All you need to know.

ITR-1 is also known as Sahaj Form, it is for people with an income up to Rs. 50 lakhs. Check here the step-by-step guide to file the...