Understanding the Provisos to Section 17(2) of the Income Tax Act: Exemptions for Perquisites...
Section 17(2) of the Income Tax Act lays down the provisions for the taxability of perquisites or fringe benefits provided by an employer to...
Understanding Form 29B: Applicability, Requirements, and FAQs
Understanding Form 29B Applicability: A Comprehensive Guide
Form 29B is a document required under the Income Tax Act, 1961, which contains information related to the...
Section 80IC of the Income Tax Act: Understanding Tax Benefits for Eligible Businesses
Introduction
Section 80IC of the Income Tax Act is a provision that provides tax incentives for businesses operating in specific industries and locations in India....
About e-Pehchan Card for Unorganized Sector Workers in India
In India, the e-Pehchan Card is a unique identification system that aims to provide an identity card to unorganized sector workers. The card aims...
Staying On Top of Your BBMP Property Tax: A Guide to Understanding and Filing
Introduction
The Bruhat Bengaluru Mahanagara Palike (BBMP) is the civic body responsible for the administration and development of Bangalore, the capital city of Karnataka. One...
Understanding Section 26 of the Income Tax Act: Computation of Income from House Property
Section 26 of the Income Tax Act (ITA) pertains to the treatment of income from the house property. The section lays down the rules...
Complete Guide: How to Download Form 16A for TDS Deducted on Non-Salary Payments
Introduction
As a salaried employee in India, one of the most important documents that you need to file your income tax returns is Form 16A....
Exploring Tax-Free Countries: Benefits, Risks, and Considerations
Tax-Free Countries: A Guide to Living and Investing
As the world becomes more connected, people are increasingly looking for ways to live and invest in...
Understanding Income from House Property: Taxation and Deductions Explained
Income from house property is one of the five heads of income as per the Income Tax Act, 1961 in India. It refers to...
Tax Benefits of a Sole Proprietorship: Maximizing Savings for Small Business Owners
Sole proprietorship tax benefits: Understanding the advantages of this business structure
A sole proprietorship is a business structure in which an individual owns and operates...