Sec 80EEB – Deduction in respect of purchase of electric vehicle
Sec 80EEB - Deduction in respect of purchase of electric vehicle.
To promote the use of Electric vehicles in India, the government c...
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Sec 80E – Deduction in respect of interest on loan taken for higher education
To promote the higher education in India, the Government of India desired to provide a tax deduction on the interest component of highe...
Presumptive Tax Scheme for Professionals | Section 44ADA
Section 44ADA – Presumptive Tax Scheme for Professionals
-A scheme for presumptive taxation was introduced under section 44ADA from ...
“Invest in Your Future with Mahila Samman Savings Certificate Scheme: A New Savings Option for Women and Girls”
Namaste to all the lovely ladies out there! Are you ready to learn about a special savings scheme exclusively for women and girls? Well...
Income Tax on freelancers
As a freelancer, it is crucial to have a good understanding of your tax obligations and make sure that you file your taxes correctly ev...
Formation of Partnership Firm
The Indian Partnership Act, 1932 (the Act”) was enacted in 1932 and came into force with effect from 01st October, 1932 except section ...
E-Campaign Significant Financial Transactions By Income Tax
Income Tax Department is sending messages to taxpayers regarding payment of advance tax keeping in view transactions incurred during th...
Demonetisation 2.0 by PM Modi
DEMONETISATION 2.0
Demonetisation in India took place six years ago on 8 November 2016 by the Government of India. It was an attempt...
CONVERISON OF PROPRIETORSHIP INTO PARTNERSHIP FIRM
Steps to be followed:
Drafting of Partnership Deed (It Includes the Declaration about Conversion)
Filing of Returns by Propriet...
Confused between Income Tax and TDS? Know the Differences!
TDS (Tax Deducted at Source) :
TDS is deducted on a periodic basis.
TDS is the Tax Deducted by a Payer, from the Income earning...
