Taxability of Short Term Capital Gains on Listed Equity Shares & Mutual Funds

Any profit realized from disposition, transfer or sale of any investment property or asset is

HOW LIFE INSURANCE CAN HELP YOU SAVE TAX?

Life Insurance Policy has become one of the foremost and necessary requirements of ensuring a

What is the difference between Gross Total Income and Total Income?

There are the two important concepts of Income Tax, that are, Gross Total Income and

What is Tax Audit Limit for A/Y 2021-22?

As Per Section 44AB of the Income Tax Act 1961, Every person carrying on the

Can a person file his ITR without help from a CA?

Yes, if a person wants to file his ITR without the help of CA, he can

Who should file Income Tax Return?

  Following person should file Income tax Return:  1. Every Company registered under Companies Act  2.

What is the procedure for filing an Income Tax Return (ITR) in India?

For Filing an ITR one needs to open New Income Tax Portal i.e. www.incometax.gov.in There

What are the benefits of filing Income Tax Return?

Section 139(1) of the Income Tax Act, 1961 elucidates the applicability of filing of ITR