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Topics
- Some Important Form Under Income Tax
- Residential Status and taxability under income tax
- Taxation in Special Cases under Income Tax Act, 1961
- Income of Mutual Concern and Taxability under Income tax
- Income Tax Return and Assessment
- Guide to New Tax Regime with Marginal Relief
- Assessment of Charitable or Religious Trust under Income Tax Act, 1961
- How to Respond against Notice u/s 148A of Income Tax Act
- Meaning of salary-perquisites-and-profit-in-lieu-of-salary under income tax
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CBDT extended the due date for charitable and religious Trust/ CBDT circular no. 6 dt. 24.05.2023
- CBDT Circular 4/2023 regarding Deduction of TDS under New Regime by Employer
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Presumptive Taxation under Section 44AD of Income Tax, 1961
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Consequences of inoperative PAN as per the newly substituted rule 114AAA
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Assessment of Firm under Income Tax Act,1961
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Leave Encashment exemption Limit is increased to 25 Lakhs
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Section-14A: Expenditure in relation to Exempt income not deductible under income tax
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Heads of Income and Chargeability Under Income tax Act, 1961
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Assessment of Association of person(AOP) and Body of Individual(BOI) under income Tax
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Section 194BA: TDS on Winning from Online Games and its Taxability
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Advance Tax under income Tax – An overview, due dates
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Interest for defaults in return filing, payment of advance tax etc
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Updated Return under section 139(8A) of Income Tax Act
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Expenditure for any purpose which is an offence or which is prohibited by law shall not be deductible
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Section 43B: Certain deductions to be only on actual payment.
- Payments to SME for compliance u/s 43B(h) of Income Tax ActÂ
- CBDT Extends PAN-Aadhaar Link Deadline to 31st May 2024
For a salaried person, old income tax or new income tax resigm is beneficial.
if your income is 7,50,000 or less then definitely new tax regime is better as your tax will be NIL. Even if your income is higher, new tax regime will be better unless You have housing loan. in a case where your income is between 7,50, 0000 and 8,50,0000 old tax regime may be better if you have made investment of around 2, 00,000 and also have medical health insurance even though you have no housing loan.
for more, provide salary details with all your investment
Please guide on advance tax