HomeDirect Tax

Direct Tax

Keep exploring

Indexation Benefit Restored For Limited Purpose Of Computing Long Term Capital Gains Tax: Know The Details

The Finance (No. 2) Bill, 2024 was presented by the Union Finance Minister, Nirmala...

Amendment To Finance Bill 2024: Employer To Consider Entire Amount Of The TDS/TCS While Computing Taxes On Salary Income

The Finance (No. 2) Bill, 2024 was presented by the Hon’ble Finance Minister...

Amendment To Finance Bill 2024: Ambiguity On Applicability Of Erstwhile Reassessment Procedure

The Finance (No. 2) Bill, 2024 was presented by the Hon’ble Finance Minister...

Amendment To Finance Bill 2024: Scope Of UDI Extended To Include Incorrect Claim Of Exemption For Search Assessments

The Finance (No. 2) Bill, 2024 was presented by the Hon’ble Finance Minister...

Finance Bill 2024 At Enactment Stage: Know Key Points

Recently, Lok Sabha approved the Finance Bill 2024 by making significant amendments. The Finance...

Top 10 Investments To Avail Income Tax Exemptions

Author: Khushi J PrajapatiIn the Indian context, personal with taxable income can always invest...

Top Income Tax Deductions Every Freelancer Should Know

Author: Khushi J PrajapatiWhile freelancing provides the freedom and autonomy to work at your...

TDS Rate Changes Effective October 1, 2024

Section 194DA – TDS Rate Changes on Life Insurance Policy PayoutsSection 194A – TDS...

Direct Tax Vivad se Vishwas 2024: All You Need To Know

The Central Board of Direct Taxes (CBDT) in pursuance of the announcement in Union...

Know Revised TDS Rates Chart for AY 2025-26 Effective From October 2024

The Central Board of Direct Taxes (CBDT) has notified the revised TDS rates chart...

Latest Updates You Need To Know About Income Tax e Filing 

Here are some details about the latest updates you need to know about ...

Latest articles

Interest on Govt. Grant Funds Must Remain Part of Project Corpus, Not Taxable Income: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that interest...

Addition Based on Unverified Third-Party Digital Records Can’t Survive Scrutiny: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Retrospective Application of BNS Unconstitutional: Allahabad High Court Quashes FIR Against Panchayat Secretary For Non-Deposit Of TDS/GST

The Allahabad High Court has quashed a criminal case registered against a Gram Panchayat...

Cash Deposits Can’t Be Taxed as Unexplained Money When Supported by Earlier Bank Withdrawals: ITAT

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...