by CA Chinmay Shirish Agate | Mar 19, 2024 | Other
Introduction:High-value transactions in income tax typically refer to financial transactions or activities that involve significant amounts of money. These transactions are usually subject to closer scrutiny by tax authorities due to their potential impact on tax...
by CA Chinmay Shirish Agate | Mar 18, 2024 | Other
Hindu Undivided Family (HUF) is defined as a separate tax entity that consists of individuals lineally descended from a common ancestor and includes their wives and unmarried daughters. HUF is recognized as a distinct assessable entity under the Income Tax Act, and it...
by CA Chinmay Shirish Agate | Mar 13, 2024 | Other
Demonetization period in the Indian economy is considered as one of the most significant event since government had undertaken an important step in curbing out the black money from the Indian market. The demonetization decision came with certain challenges for many...
by | Mar 12, 2024 | Videos
by CA Chinmay Shirish Agate | Mar 12, 2024 | Taxation
Introduction:The agricultural sector plays a crucial role in the economic perspective of any nation, both in developed and developing economies. As per Section 10(1) of the Income Tax Act, agricultural income is exempt from income tax and is not included in the total...
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