Introduction to Income Tax Act 1961

Understanding Capital Gains: The Basics

A solid grasp of capital gains is essential for any investor or financial professional. In this article, we break down the key c…

Introduction to Income from Business and Profession

Introduction to Income from Business and Profession Income from business and profession is one of the primary heads of income un…

How to Open Your TDS Intimation PDF File

How to Open Your TDS Intimation PDF File Introduction Tax Deducted at Source (TDS) is a vital component of the Indian taxation s…

Why Are Taxes Levied?

Taxes are financial charges that a government imposes on its citizens or residents. These charges are compulsory and can be levi…

How to change address in PAN Card in India

If you have recently moved to a new address in India, it is important to update your PAN card with your new address. The Permane…

Sources of Income under Income Tax Act 1961

The Income Tax Act 1961 recognizes five main sources of income for tax purposes. These sources are income from salary, income f…

Component of Income Tax

Table of content 1) Income Tax Act 1961 2) Annual Finance Act 3) Income Tax Rules 4) Circular and Notif…

Introduction to Income Tax Act 1961

In India, Income tax is a tax you pay to the government based on your income. The government uses this tax money for vario…

Definition and type of Persons

Person includes Individual, Hindu Undivided Family (HUF), a Company, a Firm Associations of Person Body of Individual Loc…

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