Explore the heavy tax implications on taxpayers for unexplained investments and expenditures under Income Tax Act sections 69 to 69C. Learn about penalties and consequences.
Explore investment planning for senior citizens, covering tax slabs, deductions, and the Senior Citizens Savings Scheme (SCSS). Understand where, how much, and when to invest. Learn about interest rates, withdrawals, and tax implications for a secure financial future.
Explore Section 64 of the Income Tax Act, 1961, to grasp when the income of a spouse, minor child, etc., is included in an individual’s income. Learn the crucial circumstances.
Understand how to pay your 3rd instalment of Advance Tax for the Assessment Year 2024-25 before the deadline on 15th December. Detailed guidelines and a practical example provided.
Explore Section 54EC under Income Tax Act, allowing exemption from long-term capital gains when investing in specified bonds. Conditions and benefits explained.
Unravel complexities of accounting, audit, and taxation in Future and Option transactions. Learn nuances of declaring profits and losses, maintaining books, and impact on income tax returns.
Discover key provisions in tax laws for setting off and carrying forward losses to optimize your tax liability and make the most of your financial planning.
Explore sections 68 to 69D of Income Tax Act 1961, covering unexplained cash credits, investments, and more. Learn about legal provisions and relevant judgments.
Explore the taxation rules for long-term capital gains on listed shares, including rates and exemptions under the Income Tax Act 1961.
Hindu Undivided Family (HUF) under Income Tax Act, its formation, advantages, and disadvantages. Understand difference between coparceners and members.
