In this article, we are going to provide information about Income Tax Penalties in India that covers under Income Tax Act 1961. The list of all income tax penalties information is available here. Penalties like Default in making Payment of…
Tax Collected At Source (TCS) – Income Tax Act 1961. In this article, we are going to provide information about Tax Collected At Source (TCS) – Income Tax Act 1961. Tax Collected at Source (TCS) is income tax collected by…
Income Tax Returns Online – Income Tax Act 1961. In this article, we are going to provide information about Income Tax Returns Online – Income tax Act 1961. Know about how to file Income tax Returns online & benefits of Filing…
TCS on Motor Vehicles – Income tax Act 1961. In this article we are going to provide information about TCS (Tax Collected at Source) on Motor Vehicles. This tax is payable by the seller who collects in turn from the…
Income Tax Returns – Income tax Act 1961. In this article, we are going to provide information about Income Tax Returns – Income tax Act 1961. This article contains details about what is the Income Tax Returns , filling of Income Tax Returns, Income…
Computation of Advance Tax – Income Tax Act. In this article, we are going to provide information about Computation of Advance Tax – Income Tax Act. Advance Tax means, income tax should be paid in advance instead of lump sum…
Cost of Acquisition Section 55 – Income Tax Act 1961. In this article, we are going to provide information about Cost of Acquisition under section 55 of income Tax Act 1961. ost of Acquisition (COA) means any capital expense at…
Set Off Losses Section 70 & 71- Income Tax Act 1961. In this article, we are going to provide information about Set Off Losses under section 70 & 71 of income Tax Act 1961. Set off Losses From one source…
Carry Forward of Losses – Income tax Act 1961. In this article, we are going to provide information about Carry Forward of Losses under income Tax Act 1961. Carry Forward of Losses means LOSS IN NON-SPECULATION BUSINESS UNDER SECTION 72…