Introduction: The financial year 2023-24, corresponding to the assessment year 2024-25, introduces significant amendments that impact taxability, exemptions, and deductions. These changes are pivotal for taxpayers aiming to navigate the altered fiscal landscape effectively. Understanding these amendments is crucial for optimizing tax planning and compliance. Applicable Sec Particulars Taxability Sec 50AA Taxability of Debt Fund […]
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Learn about Form 10BB applicability for trusts, including disclosure requirements like commencement of activities, bookkeeping, and donation reporting, with penalties for non-compliance.
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Understand how Sec 50C & 43CA of Income Tax Act affect taxation of immovable property sales. Learn about capital gains, business income & exclusions
Explore special tax provisions applicable to Non-Resident Indians (NRIs) under Chapter XII-A of the Income Tax Act, including tax rates, exemptions, and options after becoming a resident.
Stay updated on Income Tax for NRIs with inoperative PANs. Learn how to make your PAN operative and the supporting documents needed.
