"I (CA Kaushal Gupta) am qualified Chartered Accountant since 2018. PS: If you have issue about Income tax, GST, MCA, TDS, please contact at 7037999666 or type your issue at pcakg1989@gmail.com. "
The new law replaces the 1961 Act with a simplified, structured tax system. It reduces compliance burden through streamlined forms and clearer provisions effective April 2026.
High Court directs the Income Tax Department to refund Rs 63.9 lakh recovered from a Co-operative Society after its appeal against a tax demand succeeded. Order includes interest.
Learn about the taxation of EPF, Superannuation, Leave Encashment, Gratuity, NPS, and PPF under the Income Tax Act, 1961. Explore eligibility criteria, taxability, exemptions, and rules for withdrawal, ensuring comprehensive knowledge for better financial planning.
Navigate TDS rates and compliances for FY 2023-24 onwards. Learn about TDS payment due dates, late fees, interest, penalty, prosecution, and applicable rates for various transactions. Stay informed to ensure seamless compliance.
Explore the concept of Marginal Relief under the New Tax Regime from FY 2023-24 onwards. Section 115BAC allows taxpayers the option to choose between lower tax rates with certain exemptions and deductions forfeited or continue paying taxes at existing rates. The income tax slab rates for FY 2022-23 and the list of exemptions and deductions not allowed under the new regime are provided.
Explore the tax exemptions available for eligible startups under the Startup India Program. Learn about the 3-year tax holiday and other benefits.
