Skip links

Income Tax

Taxes are mainly of two types, direct tax and indirect taxes. Income tax is the direct tax charges on the income earned during a financial year by the individuals, HUF, Association of Person, Charitable Trust and other specified person. Taxes are sources of revenue for the government. Government utilizes this revenue for developing infrastructure, providing healthcare, education, subsidy to the farmer/agriculture sector and in other government welfare schemes.

Form 26Q (TDS Return other than salary)

Form 26q (TDS Return return other than salary)-min

Article illustrating about Form 26Q, its due date, revision of TDS Return form, interest/fee/penalty and how to download form 26Q.

Transfer Pricing

Guide about transfer pricing

All about transfer pricing along with its objective, benefits, applicability, arm’s length price, qualifying transactions and its methods,

Income Exempted under IT Act

Exempted income
Introduction Section 10 provide a list of income exempted under IT Act. List provides exemptions which are allowed to the salaried persons. The objective is to reduce to reduce the burden of taxing such as House Rent allowances, Children Education Allowance, Hostel Allowance, Gratuity, Leave Travel Allowances etc.   Section 10(1) – Agriculture Income As [...]

TDS Return for Salary Payment

TDS return for salary payment

Illustrative article about TDS Return for Salary Payment, what is TDS Return, Form 24Q downloading format and the due dates.

Deduction 80C

income tax

Article about Income Tax Deduction under Section 80C including investment plans, payment eligible and repayment of home loan principle.

🍪 This website uses cookies to improve your web experience.