April 26, 2023

Introduction Are you looking to understand about A Guide to Understanding Special Provisions for Computing Profits and Gains of Retail Business under Section 44AF of Income Tax Act 1961 ?  This detailed article will tell you all about A Guide to Understanding Special Provisions for Computing Profits and Gains of Retail Business under Section 44AF […]

Introduction Are you looking to understand about All You Need to Know About Section 44A of the Income Tax Act 1961: Special Provisions for Deduction in the Case of Trade, Professional or Similar Association?  This detailed article will tell you all about All You Need to Know About Section 44A of the Income Tax Act

Section 44B, of Income Tax Act, 1961 Section 44B, of Income Tax Act, 1961 states that (1) Notwithstanding anything to the contrary contained in sections 28 to 43A, in the case of an assessee, being a non-resident, engaged in the business of operation of ships, a sum equal to seven and a half per cent of the aggregate

Section 44, of Income Tax Act, 1961 Section 44, of Income Tax Act, 1961 states that Notwithstanding anything to the contrary contained in the provisions of this Act relating to the computation of income chargeable under the head “Interest on securities”, “Income from house property”, “Capital gains” or “Income from other sources”, or in section 199 or

Introduction Are you looking to understand about Understanding the Importance of THE SECOND SCHEDULE Sections 222 and 276 of Income Tax Act 1961 ?  This detailed article will tell you all about Understanding the Importance of THE SECOND SCHEDULE Sections 222 and 276 of Income Tax Act 1961. Hi, my name is Shruti Goyal, I

Introduction Are you looking to understand about Understanding THE THIRD SCHEDULE Section 226(5) of Income Tax Act 1961: A Comprehensive Guide ?  This detailed article will tell you all about Understanding THE THIRD SCHEDULE Section 226(5) of Income Tax Act 1961: A Comprehensive Guide. Hi, my name is Shruti Goyal, I have been working in

THE FIRST SCHEDULE Section 44, of Income Tax Act, 1961 THE FIRST SCHEDULE Section 44, of Income Tax Act, 1961 states that Profits of life insurance business to be computed separately. 1. In the case of a person who carries on or at any time in the previous year carried on life insurance business, the profits

Introduction Are you looking to understand about Understanding the Implications of THE FOURTH SCHEDULE sections 2(38), 10(12), 10(25), 36(1)(iv), 6687(1)(d), 111, 192(4) of Income Tax Act 1961 ?  This detailed article will tell you all about Understanding the Implications of THE FOURTH SCHEDULE sections 2(38), 10(12), 10(25), 36(1)(iv), 6687(1)(d), 111, 192(4) of Income Tax Act

Introduction Are you looking to understand about How Power to Remove Difficulties Section 298 of Income Tax Act 1961 Can Benefit Taxpayers ?  This detailed article will tell you all about How Power to Remove Difficulties Section 298 of Income Tax Act 1961 Can Benefit Taxpayers. Hi, my name is Shruti Goyal, I have been