"Hi I am Navneet, a Chartered Accountant by profession. I wrote various articles on subjects related to Income tax law and Goods & Services tax law and will be writing more in the future in order to share knowledge and also to improve my knowledge also because there is a quote that the more knowledge you share the more you get. If you want to connect with me, mail me at - [email protected]"
Learn about disallowances under Income Tax Act sections and their reporting requirements in Form 3CD during tax audits. Key provisions and compliance guidelines covered.
Learn about capital gain exemptions under Sections 54, 54F, and 54EC of the Income-tax Act for property sales. Maximize tax benefits on LTCG with proper planning.
Learn the protocol for income tax compliances after the demise of a taxpayer. Understand legal heir responsibilities, registration as a representative assessee, income computation, and the requirement of intimating tax authorities.
Here we will discuss few of the consequences of non-filing or delay in filing of ITR when you are liable to do so under the Income-tax Act (“the Act”) which will lead to paying higher taxes (including interest, penalty, Delay fees ) or face legal action by the Government: 1. Non-carry forward of losses – […]
Understand the concept of Updated Return under the Income-tax Act, its necessity, tax implications, and filing process. Get insights for timely compliance.
Understand tax loss harvesting in India: a strategy to minimize taxes on investment gains by offsetting losses against gains as per Income-tax Act provisions.
Learn about TDS on rent under the Income-tax Act – rates, applicability, exemptions, and procedures. Understand how to comply with TDS obligations for landlords and tenants.
Explore taxability of Sovereign Gold Bonds (SGB) under Income-tax Act, including capital gains, interest, redemption, and features of SGB.
Understand the income tax rules for individuals departing India. Learn about the forms and procedures for obtaining tax clearance and no objection certificates. Find out the necessary information for domiciled and non-domiciled individuals.
Explore the provisions under the Income-tax Act for startups in India. Learn about the tax benefits and incentives offered by the government to promote entrepreneurship.
