Income Tax
Income tax is a kind of tax that legislatures impose on inco me produced by organizations and people inside their jurisdiction. By law, citizens must document a pay expense form yearly to decide their assessment commitments. The tax imposed on organizations is generally known as corporate assessment and is collected at a level rate. Income tax are a wellspring of revenue for governments. They are utilized to finance public administrations, pay government commitments, and give merchandise to residents.
Enquiry Form

For Salaried Person

Plan 1
  • Cover income from salary
  • Cover income from House Property
  • Cover income from Withdrawal from PF & Bank Deposists
Plan 2
  • Cover income from salary
  • Cover income from House Property
  • Cover income from Withdrawal from PF & Bank Deposists
  • Cover income from Director in Company
  • Cover income from Capital Gains from sale of stocks,mutual funds & property
Plan 3
  • Cover income from salary
  • Cover income from House Property
  • Cover income earned outside India
  • Cover income earned for NRI, NRO A/C
  • Cover income from Sale of ESOPs/ RSU
Have Specific Queries ? Talk to Expert

For Self Employed

For Professionals
  • Cover Income for professional (like Freelancers,Doctors) & small businesses
  • Preparation of account summary, P&L and balance sheet
  • Covers salary, other incomes & capital gains
  • Suggest one best tax saving option
For Business
  • Cover Income for business having upto 200 transactions.
  • Preparation of account summary, P&L and balance sheet
  • Covers salary, other incomes & capital gains
For Shared Traders
  • Profit & loss from F&O or Intraday Trading
  • Preparation of account summary,P&L and balance sheet
  • Covers salary, other incomes & capital gains
  • Dedicated tax expert & Account manager for you
CBDT releases MLI synthesised text for India-Norway DTAA
The Central Board of Direct Taxes (CBDT) has released the synthesised text for India-Norway DTAA., including the changes made by the MLI based on respective positions taken by both countries. The...
Govt targets net tax revenue of Rs 22.17 lakh cr in FY'22
The government projected a 16.67 percent development in gross tax revenue in the following financial starting April 1, at over Rs 22.17 lakh crore.  The revised estimates of gross tax revenue for...
Economic Survey 2020-21 in Parliament; V-shaped recovery for Indian Economy projected
The Economic Survey for the year 2020-21 was tabled in Parliament on January 29, 2021. Economic Survey reviews developments in Indian economy over past 12 months. Evidence documented in the Econo...
Click for more Income Tax News ...
Top 3 things to be considered before investing in ELSS Funds
Investor who has not made their tax saving investment need to do as such at the most punctual. One product they must consider is equity-linked savings scheme (ELSS), even as called tax saver funds. Si...
India Digital tax – Equalisation levy tax
In 2020, the government finally widened the scope of equalisation levy, to apply at the rate of 2% on the consideration from the online sale of goods or provision of services facilitated or provided b...
Tax on Interest earned on PF – A Shot Hits the Bull’s Eye
There are only a few investment opportunities which operate in a complete Exempt-Exempt-Exempt Category (EEE). An Investment with EEE status that too without any threshold limit is a goldmine for the ...
Click for more Income Tax Article ...
Benefit of exemption from penalty is available if intention to evade tax doesn’t appear at any stage of proceeding
Jitendra Sharma v. JCIT - [2021] (Indore - Trib.) Assessee, along with two persons entered into an agreement for purchase of immovable property valuing Rs. 75 lakhs. The transaction was carr...
Last date to opt for & making payment without additional charge under ‘Vivad se Vishwas’ extended by one month
Notification no. 09/2021 The Central Board of Direct Taxes (CBDT) has extended the last date to opt for and making payment without any additional charges under the Vivad se Vishwas Act, 2020 by a...
CBDT transfers pending cases under Black Money Act to Central Charges; issues guidelines for smooth transfer
Notification F. No.225/24/2021fITA-II, dated 23-02-2021 The Central Board of Direct Taxes (CBDT) has decided to transfer all cases under Black Money (Undisclosed Foreign Income and Assets) and Im...
Click for more Income Tax Notification ...
NR liable to tax in all AYs wherein its project exceeding threshold limit for creation of PE falls: AAR
Tiong Woon Project & Contracting (P.) Ltd., In re - [2021] (AAR - Mumbai) Applicant-Tiong Woon Project & Contracting (P.) Ltd is a corporation formed in Singapore. It is involved in ...
Deduction for bad debt doesn’t prerequisite money lending licence; writing off in books of account is sufficient
Pranava Electronics (P.) Ltd. v. DCIT - [2021] (Karnataka) Assessee was engaged in the business of manufacturing and trading of electronic goods and developmental activities.  It f...
Ignorance of material on record on part of ITAT is a mistake apparent on record; rectification was justified
CIT v. Shree Ganesh Ventures - [2021] (Madras) Assessee purchased scraps from two sundry sellers. Assessment Officer (AO) sent notice pursuant to section 133(6) to one of these vendors who w...
Click for more Income Tax Knowledge Bank ...

Subscribe to our Newsletter