Income Tax
Income Tax

Old vs new tax regime income tax easy guide for 2023-24

Old vs new tax regime income tax easy guide for 2023-24 – This article is detailed guide on new income tax regime. A detailed comparison is drawn below between old and new tax regime. Do not miss the ending where a expert tip is given to salaried employees on how to decide to opt in for new regime or not.

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Income Tax

How to handle Income tax notice u/s 147 reassessment in India – Easy guide

How to handle Income tax notice u/s 147 reassessment in India is a article from our professional experts on TaxLedgerAdvisor. This articles covers a detail guide on all the relevant section of reassessment such as Section 148, 147, 149, 153 & also a newly inserted section 148A. This articles also covers relevant year of applicability for these changes. Do not miss the ending as to how to handle such Income Tax notices!!

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Income Tax

Income Tax amendment in Finance Bill 2023 easy summary

Income Tax Amendment in Finance bill 2023 easy summary – This article is summarized guide on amendments to Income Tax Act, 1961 as per latest Finance Bill 2023.

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Income Tax

Income Tax slab for AY 2024-25 – clear guide

Income Tax slab for AY 2024-25 and financial year 2023-24 as per Finance Bill 2023.

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Income Tax GST Other Registration

Income Tax GST and other laws to know to open a Restaurant – Easy guide for FY 2023.

Income Tax GST and other laws to know to open a Restaurant or Hotel or Cloud Kitchen in India – This article will be helpful to all upcoming businesses and existing business get an idea of the Income Tax, GST and other laws applicable to them in India.

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Income Tax

NPS tax exemption – Section 80CCD easy guide

NPS tax exemption can be availed by Individuals who is either employed by any other employer or assessee or any other assessee who has paid and deposited amount in pension scheme notified by Central Government. The NPS tax exemption is governed by Section 80CCD of Income Tax Act, 1962. This article is brief guide of NPS tax exemption limit, Section guide, tax benefit calculator and most searched FAQs answered as well.

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Income Tax

Arrears of Salary taxability and relief quick guide. Arrears of salary received in current year ?? Don’t forget to take relief u/s 89

Arrears of Salary taxability and relief topic has become so relevant as a lot of employees are receiving arrears of their salary which was not received either due to COVID or wrong calculation or a increment with retrospective effect or any other reason. This article will benefit all those employees who have received arrears of salary in current year and are wondering about the taxability impact.

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Income Tax GST

Income Tax and GST on Freelancers in India – Do not miss and become tax compliant. Some essential tax saving tips for year 2022-23 for freelancers.

Income Tax and GST on Freelancers topic seems to be so much current and relevant thing to discuss as people of India are rapidly shifting to providing freelancing services or doing freelancing business instead of a full time job. This article is to the rescue of all the freelancers who are unaware of the taxation impacts on their freelancing income in India. Article will provide brief guide on Income Tax applicability on Freelancers, TDS, Advance Tax and GST requirements for freelancers.

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Income Tax GST

Income Tax and GST impact and some tax saving tips on Moonlighting – best insight relevant for this year 2022-23 and coming years

Lets discuss in brief Income Tax and GST impact and some tax saving tips on Moonlighting – best insight relevant for this year 2022-23 and coming years

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Income Tax

Section 206AB or 206CCA Alert!!! Non-filers of ITR – TDS or TCS to be deducted at double rates

Recently I came across a Notice from CAMS, wherein a notice was received by Investor, specifying that the PAN of investor is appearing in a list of “Specified Persons” as per Income Tax Utility and as a consequence deduction of TDS will be done at higher rate on all dividend payouts. This article is guide on what is section 206AB or 206CCA, consequence, how to do compliance and how to check the list of specified persons.

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