April 2023

A Comprehensive Guide to Understanding Special Provision for Computing Profits and Gains of Business of Plying, Hiring, or Leasing Goods Carriages under Section 44AE of Income Tax Act 1961

A Comprehensive Guide to Understanding Special Provision for Computing Profits and Gains of Business of Plying, Hiring, or Leasing Goods Carriages under Section 44AE of Income Tax Act 1961

Introduction Are you looking to understand about A Comprehensive Guide to Understanding Special Provision for Computing Profits and Gains of Business of Plying, Hiring, or Leasing Goods Carriages under Section 44AE of Income Tax Act 1961 ?  This detailed article will tell you all about A Comprehensive Guide to Understanding Special Provision for Computing Profits […]

Understanding Section 48 of the Income Tax Act 1961 for Insurance Business

Demystifying Insurance Business Section 44 of Income Tax Act 1961

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

The Last date to file Income Tax Return for AY 2024-25

Mark your calendars! The deadline for filing Income Tax Return (ITR) for AY 2024-24 is approaching. For most taxpayers, it’s July 31, 2024. But, if you’re required to get your accounts audited, such as companies and LLPs, the due date is October 31, 2024. Don’t miss it! Hi my name is CA Bhuvnesh Kumar Goyal,

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

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

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