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Understand the income of trusts or institutions, including registration, exemptions, and FAQs. Learn about Sections 12A, 12AA, and 12AB of the Income Tax Act, covering voluntary contributions, tax implications, and registration procedures....

Understand tax audit requirements under Section 44AB for AY 2024-25. Detailed analysis for businesses and professionals, including turnover and presumptive taxation rules....

Hassle-free filing of ITR 1 for FY 2020-21. Learn about income sources and due dates. Stay updated on important aspects of income taxes....

Discover key changes and updates in the latest Income Tax Return (ITR) Forms for AY 2024-25. Explore eligibility criteria and features of each form for seamless tax filing....

Learn about the tax implications for startups, including eligibility criteria, benefits, and procedures for recognition, exemption, and declaration....

Stay compliant with Indian tax laws. Learn about Income Tax, PF, and ESI deadlines for June 2024. Important due dates, forms, and who should file....

Explore the legality of issuing a second notice under Section 148 of the Income Tax Act, 1961 for the same assessment year. Understand the procedural aspects and judicial precedents influencing this aspect....

CBDT has provided CII for financial years 1981-82 to 2024-25. This index is crucial for calculating indexed cost of acquisition, which adjusts purchase price of an asset for inflation....

Understand Section 115BAC(6) and opting out from the New Tax Regime (NTR). Learn about exercising options, withdrawal, and eligibility criteria....

Learn effective and legal strategies to minimize income taxes when selling shares, including real-time profit and loss management and leveraging long-term capital gains exemptions....