PAN ADHAAR LINK PROBLEMS AND SOLUTIONS
1. Who needs to link Aadhaar and PAN? Ans:Section 139AA of the Income Tax Act provides that every individual who has …
Income Tax
PAN Aadhaar Card delinking Process
The Directorate General of Income Tax (System) has issued Standard Operating Procedure (SOP) for Aadhaar Delinking, Dated 3 June 2019 First understand requirements …
Which ITR form to file – ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, ITR 7
As much as Income Tax Return filing is important, it is also very important to choose correct ITR form, from …
Income Tax slab rate FY 2023-24 & AY 2024-25
From April 1, 2023: In Finance act 2023, major changes are made in new tax regime: 1. The new income …
What is Future & options (F&O) and How to calculate Turnover for Future & Options from 2023
Method to calculate Turnover for Future and Options is not prescribed under Income Tax Act’1961,So Guidelines provided by ICAI followed …
New TCS Rates applicable from 1 October 2023
Increased TCS rates to apply from 1 October, 2023: The increase in TCS rates, which were to come into effect …
SECTION 80DDB (Deduction in respect of expenditure on medical treatment of specified diseases)
As per section 80DDB, a taxpayer can claim deduction in respect of expenditure incurred by him on medical treatment of …
Section 80DD:Deduction in respect of expenditure on medical treatment of a dependent, being a person with disability
A resident individual/HUF, incurring expenditure on maintenance of relative dependent, being a person with a disability, can claim deduction under …
Section 80D : Deduction in respect of medical insurance premium
Payment of premium on life insurance policies and health insurance policies not only secure your life and give insurance coverage, …
Depreciation Rates as per Income Tax Act 1961
Rates of Depreciation Join our Practical Income Tax, ITR & TDS Course: with lifetime validity:
