Inside Tax

November 21, 2022

Top 6 Transactions May Attract Income Tax Notice

The Following 6 Transactions May Lead To An Income Tax Notice The income tax authority keeps an eye on high-value transactions, and these transactions may frequently […]
November 2, 2022

If The Income By Minors Are Taxable?

Do minors have to pay taxes? Yes, under section 64(1A), any income that is earned by or paid to a minor is included in the parent’s […]
October 31, 2022

Are Your Diwali Gifts And Bonuses Taxable?

Synopsis- Gifts are given to loved ones during Diwali. Even some businesses reward their workers with bonuses. Even though everyone enjoys receiving gifts, income taxpayers should […]
October 31, 2022

Tax Exemptions for Education and Tuition Fees

In India, tax incentives are available for tuition and other educational costs. Based on this, deductions of up to Rs. 1.5 lakh may be requested. Varying […]
October 31, 2022

Delhi LG launches one-time property tax amnesty scheme ‘SAMRIDDHI 2022-23’

Vinai Kumar Saxena, the lieutenant governor of Delhi, on Tuesday, unveiled the “SAMRIDDHI 2022–23” one-time property tax amnesty programme, claiming that it will be a significant […]
September 22, 2022

Research & Development credit — what are the potential tax savings and what businesses are eligible

The R&D Tax Credit: What Is It? Companies that produce new or improved business components, such as goods, processes, computer software, techniques, formulas, or ideas, that […]
September 21, 2022

Latest Updates In Dir 3 KYC

What is DIN? Each person who wants to become a director of a corporation or a designated partner in an LLP is given a special director […]
September 19, 2022

How to file a salary earner’s income tax return online

All of our daily activities were severely hampered by the lockdown. Even going outside to get some groceries gave me the impression that I was entering […]
September 13, 2022

How to document donations to charities in India

Article 80G Donating to a charity that will then qualify for Section 80G deductions is one of the best methods to reduce your tax liability while […]