The tax landscape is constantly evolving, and staying updated with the latest regulations and rates is crucial for professionals and taxpayers alike. To simplify this process, the 22nd edition of the ‘Useful Ready Reference Chart for Professionals and Other Users’ provides a comprehensive compilation of essential tax information. This valuable tool offers quick access to various sub-charts covering tax rates, deductions, capital gains, TCS rates, and more.
1. Tax Rates (Old & New Regime):
- Individual/HUF/BOI/AOP
- Firms/LLP
- Domestic Company
- Capital Gain Tax
- Alternate Minimum Tax (AMT)
2. Deductions & Rebates Guide
3. Capital Gain Tax Chart
4. Gift as Income from Other Sources (Sec 56(2))
5. Conditions for Alternate Tax Regime
6. Advance Tax Payable Schedule
7. Cost Inflation Index (CII)
8. Sum Received from LIC – Premium Limits
9. Major Amendments at a Glance
10. TCS Rates (From 01.04.2023)
11. Tax Savings cum Investment Schemes
12. Interest on Tax and Demand
13. Depreciation Rates (Income Tax Act)
14. Return Due Dates (Sec 139(1)) & Time Limits
15. Carry Forward & Set-Off Losses
16. TDS Rates (From 01.04.2023)
17. Important Prescribed Forms (Income Tax Rules)
18. Limit on Cash Transactions
19. Compulsory Tax Audit (Sec 44AB, 44AE/BB/BBB, 44AD/ADA) Limits