Surcharge on income tax in India explained. Covers applicable surcharge rates for individuals, firms, and companies, marginal relief provisions, and how surcharge impacts the effective tax rate on high incomes.
Tax audit applicability under Section 44AB explained. Covers who needs a tax audit, turnover thresholds for business and profession, presumptive taxation exceptions, and due date for filing Form 3CA/3CB and 3CD.
ITR-1 SAHAJ form explained — who should file, income eligibility conditions, salary and house property income reporting, deductions allowed, and how to file ITR-1 online on the income tax portal.
10 practical ways to save income tax in India in 2020. Covers deductions under Section 80C, 80D, HRA exemption, home loan benefits, NPS contributions, and other legal tax-saving strategies for salaried and self-employed individuals.
6 important reasons to file your income tax returns on time in India. Covers avoiding penalties, carrying forward losses, loan applications, visa processing, refund claims, and maintaining a clean tax compliance record.
Should you file your income tax return even if not mandatory? Covers who is required to file, benefits of voluntary filing, refund claims, carry-forward of losses, and how ITR filing helps with loans and visas.
Income tax exemptions for educational institutions and universities in India. Covers Section 10(23C), 12A and 80G registration, conditions for exemption, income that qualifies, and compliance requirements for schools and colleges.
Tax benefits available for cold chain facility businesses in India. Covers income tax deductions under Section 35AD, GST exemptions, customs duty benefits, and government incentives for cold storage and refrigeration businesses.
Income tax rules for NRIs in India. Covers residential status determination, taxability of Indian income, TDS on NRI income, applicable ITR forms, DTAA benefits, and how NRIs can claim tax relief on double-taxed income.
8 practical ways to save income tax in India in 2019. Covers Section 80C investments, health insurance deductions, HRA exemption, home loan benefits, NPS contributions, and other legal tax-saving strategies for individuals.
