Asharam SwainJun 2910 min readIncome Tax DepartmentSection 50AA of Income Tax Act: Explore Capital Gains on Specified Mutual Funds and Market Linked DebenturesInvestors find it very difficult to overcome the complexities of capital gains tax. More so because of complex sections of the Income Tax...
Asharam SwainJun 2911 min readITRForm 15G/H to Save TDS on Interest Income: Who Should Submit and Why?Imagine you made INR 35,000 from fixed deposits this year, and your total income is low enough that you don’t have to pay taxes. Usually,...
Dipali WaghmodeJun 287 min readIncome Tax Department206C: Explore Sections 206C(1F), (1G), (1H)Understanding the intricacies of the Income Tax Act is necessary for compliance and optimization of tax liability. Section 206C of the...
Indrajeet SharmaJun 2613 min readIncome Tax DepartmentFixed Deposits: Tax Saving FD for 80C DeductionsFixed deposits have always been one of the most favored safe and trusted investment options among conservative investors. Apart from...
Bhavika RajputJun 1812 min readIncome Tax DepartmentSection 194O: TDS on Payment to E-Commerce OperatorThe digital marketplace has grown rapidly, with millions of transactions happening online every day. To ensure tax compliance within this...
Asharam SwainJun 1810 min readIncome Tax DepartmentSection 197A of Income Tax Act: No TDS Deduction in Certain CasesSection 197A of the Income Tax Act provides a significant relief to taxpayers whose total income falls below the taxable limit. This...
Bhavika RajputJun 167 min readincome tax actTax Planning: A Comprehensive Guide for Savvy TaxpayersAlthough paying taxes is an unavoidable aspect of life, you don't have to completely trust fate with your hard-earned money. Tax...
Indrajeet SharmaJun 1110 min readIncome Tax DepartmentA Comprehensive Guide on AIS and TIS in Income TaxFor many people, filing their income taxes is a rather difficult task. To file an accurate and compliant return and avert any prospective...
PRITI SIRDESHMUKHJun 1113 min readIncome Tax DepartmentTax on Lottery Winnings in IndiaWinning the lottery can feel like a dream come true! Suddenly you receive a huge sum that has the potential to change your life. However,...
Indrajeet SharmaJun 1015 min readIncome Tax DepartmentTDS on Online Gaming in India: Explore Section 194BAWhile the digital revolution has changed the way games are played, the way winnings from online games are taxed in India has also been...