complete tax solutions

Income Tax Management

Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman

complete tax solutions

Income Tax Management

Complete Tax Solutions for Students, Teachers, Salaried, Professional, Executives & Businessman

e-Book (PDF) - Download

income Tax Management
[ Tax Ready Reckoner ]
e-Book (PDF)

AYs : 2025-26 & 2026-27

Most Useful by …
> CA and Tax Professionals,
> Business Owner and Entrepreneurs,
> Individuals Filing Their Own Taxes,
> Financial Planners and Wealth Managers &
> Students and Academicians. 
> Coveting 28 Chapters with 1280 Pages

Remedy Available Against the Order of The Commissioner (Appeals)/Revision Orders Of CIT
Under the Income Tax Act, 1961, taxpayers have several remedies against orders passed by the Commissioner...
Read More
Provisions and Amendments Relating to “Rates of Income Tax” under Finance (No.2) Bill, 2024
The provisions of Finance (No. 2) Bill, 2024 (hereafter referred to as “the Bill”), relating...
Read More
[Section 211]: Instalments of Advance Tax & Due Dates
Section 211 of the Income Tax Act, 1961, mandates the payment of advance tax in four instalments during...
Read More
Highlights of The Union Budget 2024-25 - Press Release by PIB
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi The...
Read More
Waiver of Interest Under Income Tax Act: Key Provisions & Conditions
The Income Tax Act, 1961, allows for the waiver or reduction of interest in certain cases, primarily...
Read More
Residential Status of a Company [Section 6(3)]
The residential status of a company is a crucial factor in determining its tax liability in India. Section...
Read More
Income of certain Funds of National Importance [Section 10(23C)]
Section 10(23C) of the Income Tax Act, 1961 provides for the exemption of income of certain funds of...
Read More
[Section 80C]: Deduction in respect of Life Insurance Premium, Deferred Annuity, Contributions to Provident Fund, Subscription to certain Equity Shares or Debentures, etc.
Section 80C of the Income Tax Act allows individuals to claim deductions on certain investments and expenses,...
Read More
Meaning of Capital Asset [Section 2(14)] – Capital Gain
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
Read More
Carry Forward and Set Off of Losses on Succession of Any Person [Section 78(2)]
Here’s a detailed explanation of Section 78(2) regarding carry forward and set-off of losses in...
Read More
Section 10(11A)- Tax Exemption on Sukanya Samriddhi Account Withdrawals
Section 10(11A) provides full tax exemption on withdrawals from a Sukanya Samriddhi Account (SSA), making...
Read More
Section 38: Disallowance for Assets Not Exclusively Used for Business
Section 38 of the Income Tax Act, 1961 governs deductions for depreciation and other expenses related...
Read More
Income under the Head “Salaries” [Sections 15 to 17]
1. Computation of Income under the head Income from “Salaries” The first head of income is...
Read More
Revocation of Cancellation of Registration under GST: A Comprehensive Guide
Revocation of Cancellation of Registration under GST is a process that allows a taxpayer to restore their...
Read More
Penalty Not to Be Imposed in Certain Cases [Section 173]
Here’s a detailed explanation of Section 173 (Penalty Not to Be Imposed in Certain Cases) under the Equalisation...
Read More
Section 10(23FCA)- Tax Exemption for Rental Income earned by a Real Estate Investment Trust (REIT)
Section 10(23FCA) of the Income Tax Act provides a tax exemption for rental income earned by a Real Estate...
Read More
Capital Gain on Conversion of Stock-in-Trade into Capital Asset [Section 28(via)]
Introduction In the world of business and finance, it is not uncommon for companies to convert their...
Read More
Tonnage Tax Scheme Under Sections 115V to 115VZC: A Comprehensive Guide
The Tonnage Tax Scheme is a special taxation regime introduced under Chapter XII-G (Sections 115V to...
Read More
Key Provisions of Section 56(1): Chargeability of Income from Other Sources
Section 56(1) serves as the residual head of income, capturing all taxable income that does not fall...
Read More
Unexplained Investments Under Section 69
1. Key Features of Section 69 Objective: Targets unexplained investments(e.g., property, gold, shares)...
Read More
1 2 3 45

Knowledge Base on Taxation

It provides a solid foundation for a Knowledge Base on Taxation, covering both theoretical and practical elements.

TCS on Remittances Outside India With Recent Changes
Section 206C of the Act provides for tax collection at source (TCS) on business of trading in alcoholic...
TDS Provisions on Partners of The Firm-A New Provision
Section 194T, introduced by the Finance (No. 2) Bill, 2024, is effective from April 1, 2025. This section...
Recent Changes in TDS Provisions- Latest Update
The Budget 2025 has introduced enhanced threshold limits for TDS, ensuring that smaller transactions...
Presumptive Assessment Under Income Tax Act- An Analysis
To give relief to small taxpayers from the tedious job of maintenance of books of account and from getting...
Major TDS Amendments Effective from 1st April 2025: A Comprehensive Overview
To simplify tax compliance and enhance the ease of doing business, the Finance Act has proposed significant...
Different Income Tax Forms for Filing Income Tax Return
The taxpayer has to communicate the details of his taxable income/loss to the Income tax Department. These...
Form 15CA and Form 15CB in Foreign Remittances under Income Tax Act, 1961
INTRODUCTION: Form 15CA and Form 15CB are essential documents under the Income Tax Act, 1961, for foreign...
Section 132: Search and Seizure Under Income Tax Act, 1961
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
TDS on Rent Payments (Section-194I) of Income Tax Act, 1961
Section 194-I of the Income Tax Act, 1961, a crucial piece of legislation in India, governs the taxation...
Exemption from Capital Gains for Individuals and HUFs
Under the Income Tax Act, 1961, individuals and Hindu Undivided Families (HUFs) can claim exemptions...
1 2 3 45

Press Release by PIB (Press Information Bureau)

Press Release by Press Information Bureau (PIB) is the nodal agency of the Government of India.

Highlights of Union Budget 2025-26
Ministry of Finance HIGHLIGHTS OF UNION BUDGET 2025-26 Posted On: 01 FEB 2025 1:29PM by PIB Delhi PART...
CBDT Notifies Amendments in Income-Tax Rules, 1962 to prescribe conditions for applicability of Presumptive Taxation Regime for Non-Resident Cruise Ship Operators
Ministry of Finance Posted On: 22 JAN 2025 8:09PM by PIB Delh CBDT notifies amendments in Income-tax...
Enhancing Tax Transparency on Foreign Assets & Income: Understanding CRS & FATCA
A. Purpose of CRS and FATCA In this globalized economy, tax transparency and compliance has become paramount...
CBDT rolls out e-DRS Scheme, 2022 (PIB Press Release)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
CBDT issues clarification in respect of Income-tax clearance certificate (ITCC)-Press Release by PIB
Ministry of Finance CBDT issues clarification in respect of Income-tax clearance certificate (ITCC) It...
CBDT relaxes provisions of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar-(Press Release by PIB)
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi,...
FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget 2024-25 - (Press Release by PIB)
Ministry of Finance FAQs issued by CBDT on the new Capital Gains Tax Regime proposed in the Union Budget...
Government Makes New Tax Regime More Attractive Under Budget 2024-25 (Press Release by PIB)
Ministry of Finance GOVERNMENT MAKES NEW TAX REGIME MORE ATTRACTIVE STANDARD REDUCTION INCREASED FROM...
Capital Gains Taxation Simplified and Rationalised under Budget 2024-25-Press Release by PIB
Ministry of Finance CAPITAL GAINS TAXATION SIMPLIFIED AND RATIONALISED SHORT TERM GAINS TO ATTRACT A...
Highlights of The Union Budget 2024-25 - Press Release by PIB
Ministry of Finance HIGHLIGHTS OF THE UNION BUDGET 2024-25 Posted On: 23 JUL 2024 1:17PM by PIB Delhi The...
1 2 3 45
Scroll to Top