Do any clubbing provisions exist in case of transfer of income without transfer of asset in Income tax Law ?…
Scope of assessment under section 143(1) Income Tax Assessment under section 143(1) of IT Act is like preliminary checking of…
Presumptive Taxation Scheme of section 44AD Section 44AD:- Meaning of presumptive taxation scheme- As per sections 44AA of the Income…
Payment of advance tax on Senior Citizen Payment of advance tax-As per section 208 of Income Tax Act, every person whose…
How Many Times Can I Revise the IT Return how many times revised return can be filed: If a person…
Eligible Business under section 44AD The presumptive taxation scheme of section 44AD of income tax Act 1961 can be adopted…
What is pre-construction period? While computing income chargeable to tax under the head "Income from house property" in case of…
Capital Gain on Gifted Assets Capital gain arises if a person transfers a capital asset. (land, building or jewelry or…
