ITR 2 Income Tax Form Explained
ITR-2 income tax form explained. Covers who should file ITR-2, reporting capital gains, foreign income, multiple house properties, and income other than business or profession for individuals and HUFs.
Income Tax On House Property Income
Income tax on house property income in India explained. Covers how annual value is calculated, deductions allowed under Section 24, self-occupied vs let-out property rules, and how to report rental income in your ITR.
GST Compliance for revenue from online advertising
GST compliance for revenue earned from online advertising in India. Covers GST applicability on digital advertising income, place of supply rules, TDS under GST, invoicing requirements, and filing obligations for content creators and publishers.
Save Tax By Avoiding Cash Transactions
How to save tax by avoiding cash transactions in India. Covers Section 40A(3) disallowance, Section 269ST cash receipt limits, income tax penalties for excess cash dealings, and why digital payments reduce your tax liability.
7 Ways To Save Tax In 2018
7 Ways To Save Tax In 2018 The Income-tax Act 1961 has many provisions under which an assessed can save or plan their taxes accordingly. This blog post aims to give you an overview of such common provisions which can help reduce your tax liability at the end of your financial year. 1. Section 80C Series (80C, 80CCC, 80CCD) Maximum Deduction Limit: 1,50,000 INR Eligibility Criteria: Amount spent during the financial year Section 80C is a [...]
Tax Slab For AY 2018-19
Income Tax Slab For Assessment Year 2018-19 and Financial year 2017-18 Individuals Less Than 60 Years Old INR 0 to INR 2,50,000 NIL INR 2,50,001 to INR 5,00,000 5% INR 5,00,001 to INR 10,00,000 20% INR 10,00,001 and Above 30% 60 to 80 Years Old INR 0 to INR 3,00,000 NIL INR 3,00,001 to INR 5,00,000 5% INR 5,00,001 to INR 10,00,000 20% INR 10,00,001 and Above 30% Above 80 Years old INR 0 to INR 5,00,000 NIL [...]