6 Benefits of Filing Income Tax Return
Income Tax, loathed by some, yet an integral part of our financial ecosystem, is the bulwark of a nation’s revenue system. But do we fully comprehend what Income Tax Return…
Latest Happening in Income Tax in India
- Budget 2024 | GST | Income Tax
India Budget 2024 : Live Updates
Live Updates and Insights to Budget with Ahuja & Ahuja, Chartered Accountants
Navigating the Legal Labyrinth of MSME Payments in the Wake of the Finance Bill 2023
In the dynamics of a growing economy, Micro, Small, and Medium Enterprises (MSMEs), play an extraordinarily vital role in fueling innovation, creating employment opportunities, and contributing to the nation’s GDP….
AIS, TIS & 26AS: Must Check These Reports Before Filing Your ITR
Understanding AIS, TIS, and Form 26AS and their Relevance in Income Tax Return Filing Income tax filing is quite an overwhelming process for many. Understanding different income tax documents and…
Tax Collected at Source (TCS) for Education Expenses Abroad under Liberalised Remittance Scheme from October, 2023
In today’s world where globalization has extended its reach into nearly every sector, acquiring education abroad is a growing trend. Many passionate Indian students aspire to advance their learning in…
Demystifying Taxability of ESOP in India
In today’s competitive business landscape, startups are continually striving to establish unique incentives to attract top talent. A highly popular offering that has garnered significant attention recently is the Employee…
Consequences of Cash Transaction : Know This Before Using Cash
The Alchemy of Cash Transactions: An Insight for A Common Man In today’s fast-paced digital age, cash transactions, though losing prevalence, still maintain a significant role in our day-to-day financial…
Tax Collected at Source (TCS) for Foreign Tour Package under Liberalised Remittance Scheme from October, 2023
In an era where global boundaries seem to blur and international transactions are more common than ever, understanding tax norms becomes crucial. A significant part of these financial transactions is…
Lower Deduction Certificate (LDC) for TDS on Sale of Property by NRI : Why, When & How
As an NRI (Non-Resident Indian), in the midst of the hustle and bustle of life across borders, it’s common to overlook aspects related to your property back in India. Property…
Tightening Accounting of NGOs: Introduction of Rule 17AA on Maintenance of Books of Accounts under Income Tax Act
Every individual and organization operating within the boundaries of a nation is governed by the country’s taxation policies. Within these policies, a set of ground rules establishes the clarity required…
Income Tax Benefits of Taking a Loan in Joint Name for Buying a House Property
Investing in real estate has always been a popular financial strategy, but did you know that buying property in a joint name can come with its own set of income…
Understanding Section 54: A Guide to Capital Gains Tax Exemptions on Residential Property Sales
The world of finance and taxation can often seem like a labyrinth, especially when it comes to understanding the nuances of the Income Tax Act. However, with the right guide,…
