by CA Chinmay Shirish Agate | May 4, 2024 | Taxation
Real estate developers and people involved in housing projects sector often face a dilemma regarding the claiming of deductions from tax as there are a lot of compliances to be made for them. Section 80IB(10) of the Income Tax Act, 1961, is a provision aimed at...
by CA Chinmay Shirish Agate | May 3, 2024 | Taxation
Income Tax return filing season has just started, and taxpayers are gearing up with all the required information to be reported in their tax returns. Income tax authorities have issued notices in previous financial year to taxpayers who have underreported or...
by CA Chinmay Shirish Agate | May 1, 2024 | Taxation, TDS
Tax planning is one of the main financial compliance every person earning income must undertake primarily at the beginning of the financial year. It can sometimes seem like an intricate puzzle, with various rules and provisions governing how income is taxed. Section...
by CA Chinmay Shirish Agate | Apr 20, 2024 | Taxation, TDS
No matter which country you opt to move for your employment, everywhere it is expected from the employees that they will get additional benefits and privileges upon completing their employment tenure or upon their retirement. In India, retirement benefits are governed...
by CA Chinmay Shirish Agate | Apr 8, 2024 | Taxation
Introduction:Individuals in employment often work hard achieve their personal financial goals. Salaries or wages are the considerations for the services provided by these employees to their organisation. However, if something more than just salary or wages are offered...
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...
Recent Comments