Latest Indian Income Tax News and Blogs Updates

Explore The Tax Heaven for the most recent updates and informative blogs on Indian income tax. Stay ahead with our comprehensive coverage of the latest news, insights, and changes in taxation laws. Our expertly curated blogs offer valuable perspectives, tips, and analysis, keeping you informed about the evolving tax landscape in India. Delve into our repository of articles covering tax reforms, filing procedures, deductions, and more, ensuring you're well-equipped to navigate the complexities of income tax in India.

Recent Updates for ITR File, GST, Tax e-filing

Who Needs to File ITR Under Seventh Proviso to Section 139(1)

Are you wondering if you need to file an Income Tax Return (ITR) this year? The Seventh Proviso to Section 139(1) might have you covered, even if your income is below the taxable limit. Confused?...

How to Claim Tax Exemption Under Section 54D

Are you an industrial property owner facing compulsory acquisition? Don't let your hard-earned money slip away! Section 54D of the Income Tax Act offers a golden opportunity to save on capital gains....

Understanding Section 115JC: A Complete Guide to Alternative Minimum Tax

Feeling overwhelmed by the complexities of tax laws? You're not alone. Section 115JC of the Income Tax Act, which deals with Alternative Minimum Tax (AMT), can be particularly puzzling. But don't...

How to Claim Capital Gains Exemption Under Section 54

Are you looking to save on taxes after selling your residential property? Section 54 of the Income Tax Act might be your golden ticket! This powerful provision offers a capital gains exemption that...

Sovereign Gold Bond Taxation

Are you looking to invest in gold without the hassle of physical storage? Sovereign Gold Bonds (SGBs) might be your golden ticket! But wait, what about taxes? Don't worry, we've got you covered. In...

Corporate Identification Number (CIN): Your Essential Guide to Indian Business Registration

Are you navigating the complex world of Indian business registration? Look no further! Our essential guide to Corporate Identification Number (CIN) is here to demystify this crucial aspect of company...

Understanding Form 12BAA: Benefits and Applicability

Form 12BAA, introduced by the Central Board of Direct Taxes (CBDT), allows salaried individuals to declare non-salary income sources and corresponding tax deductions (TDS) or collections (TCS) to...

Home Loan Interest Advantage in New Tax Regime: How You Can Reduce Your Tax Burden

When it comes to tax deductions, home loan interest has long been a valuable benefit for homeowners. However, with the introduction of the new tax regime under Section 115BAC, there are significant...

Complete Guide to Corporate Tax Planning in India

Corporate tax planning is a critical component for businesses operating in India, aiming to minimize tax liabilities while adhering to legal frameworks. This guide will explore the key aspects of...

What is eMitra?

eMitra is a groundbreaking initiative launched by the Rajasthan government in 2002. It serves as a comprehensive portal offering a wide array of government services under one roof. The goal is to...

The Ultimate Guide to Obtaining a BRN Certificate in Rajasthan

A Business Registration Number (BRN), also known as Sanstha Aadhaar Number (SAN) for non-profit entities, is a unique identifier issued to businesses and organizations in

Different Types of Company in Company Law

Company law encompasses various types of companies, each with distinct characteristics and legal implications. Understanding these different types is crucial for entrepreneurs, investors, and legal...

The Need Of Cost Management Accounting

In today’s dynamic business landscape, cost management accounting plays a crucial role in ensuring that organizations remain profitable, competitive, and sustainable. It goes beyond traditional...

Income Tax Deduction Under Section 80U

The Government of India offers tax deductions to help disabled individuals reduce their financial burden. Section 80U of the Income Tax Act provides specific deductions for resident individuals...

Understanding Resolutions in Company Law Under the Companies Act 2013

In a company, key decisions are made by the board of directors through resolutions. These resolutions represent agreements made by the company's members during meetings and involve critical...

How to Convert an LLP into a Private Limited Company in India

Converting a Limited Liability Partnership (LLP) into a Private Limited Company involves a process that is detailed and governed by the rules and laws in India, notably under the Companies Act, 2013,...

Understanding TDS on Expense Reimbursements

Have you ever wondered why TDS was deducted from your expense reimbursement? Let's break down when TDS applies to these reimbursements, especially in cases involving non-residents, contractors, or...

Understanding Section 45(5A) of the Income Tax Act

Section 45(5A) of the Income Tax Act, 1961, was introduced by the Finance Act of 2017, addressing a major challenge faced by individuals and Hindu Undivided Families (HUFs) involved in Joint...

Understanding Section 112A of the Income Tax Act

Navigating taxes doesn't have to be a daunting task, especially with a solid grasp on essential sections, like Section 112A of the Income Tax Act in India. This section holds particular relevance for...

How to Report Income from Private Tuition Classes in Income Tax Returns

Earning income from private tuition classes is common among educators and professionals who wish to supplement their income. But how do you report this income in your Income Tax Return (ITR)?...

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