Explore articles covering Indian taxation, company compliance, charitable organizations, cheque dishonour, real estate and international tax rules. Older rate tables and forms are retained as historical reading, not current filing instructions.
Income tax deductions: Chapter VI-A of the Income-tax Act, 1961 includes deductions such as section 80C for specified savings and investments, subject to conditions and the applicable tax regime. For tax year 2026-27 onwards, consult the corresponding provisions of the Income-tax Act, 2025.
Charitable companies: Section 8 of the Companies Act, 2013 deals with companies formed for charitable and specified not-for-profit purposes; it replaced the former Section 25 framework under the Companies Act, 1956.
Cheque dishonour: Section 138 of the Negotiable Instruments Act, 1881 addresses dishonour of cheques for legally enforceable debts or liabilities, subject to statutory requirements and timelines. Section 141 concerns offences by companies.
Legal source verification: Refer to Income Tax Department, India Code, Ministry of Corporate Affairs, EPFO and Reserve Bank of India for updated official requirements.
Section 10 and its subsections of Income Tax Act contains provisions related to income exempted from Income Tax, Eligible Assessee, Nature of income, Amount exempt and Conditions laid down for tax exemption...
Chapter VI A of Income Tax Act contains deductions from Gross Total Income. If the assess has no Gross Total Income, then no Deduction will be Permissible. Following are the summary of deductions allowed under chapter VI A...
Indian tax planners are working hard to introduce new taxes to retain the status "country of taxes". They have spared few tax free earning options for the assessee. Those who want to earn tax free income can chose these option..
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
At the time of filing income tax return we may think that everything is perfect. But there are different kinds of mistakes people commit while filing income tax return. It may be intentional for small benefit or un intentional mistake or omission...
There are many options to save tax by investing in different schemes. The benefit is available under section 80-C and various other sections. Tax saving schemes is legal and any body can avail the facility...
Assessment of income of a religious or charitable trust is different from assessment of other entities. This is due to the provisions of Section 2(24)(ii) under which the voluntary contributions are also taken as income...
The Income tax department can levy penalty under different sections against offences or violations by the Assessee...
For tax saving and Investment with regular growth Public Provident Fund Account-PPF is a preferred investment choice. The following are the main benefits of investing in PPF Accounts...
The Hon'ble High Court of Delhi have passed order against CRL. M.C. 1821/2013 and CRL MC 1822/2013 with a view to ensure that the Metropolitan Magistrates dealing with the Complaint cases filed under section 138 read with Section 141 of the...
Every Company incorporated under the Indian Companies Act, 1956 need to file Annual Returns, Forms and supporting documents with the Registrar of Companies in Electronic mode within the prescribed time...
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Some Real Estate companies are using barter type deal to sell their product. They are offering assured return on investment for construction period, guarantee for lease after construction and many lucrative offers..
New trend and technique to attract investors into Real Estate is by offering assured return for construction period, guarantee for lease after construction and many lucrative offers...
Advertisement methods are changing rapidly and online advertisement is one of the most important tools for effective advertisements. According to the increase in the internet users, opportunities in online advertisement filed is also increasing...
Answer to the question of "most satisfactory profession" is agriculture for many Indians who love agriculture. Earlier it was a non profitable profession but now agriculture and business of agriculture products is profitable like any other business.
Black Pepper Plantation is another attractive option in the field of agriculture. Small and big players are there in agriculture of Pepper.
Employees Provident Fund Organisation (EPFO) has introduced Electronic Challan Cum Return (ECR) for transparency, quality of service to employees, convenience and ease to employees.
In Indian streets we can see thousands of beggars wandering here and there for their lively hood. Some will be carrying an infant or child; other will have some injury or any other think to make feel other pity. Children are facing maximum cruelty from beggars and we ha
Capital punishment is a matter of discussion for the last many years. 97 Countries in the world have abandoned death penalty due to religious or decision made upon equality...
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
Read the article and verify the applicable provisions, dates and official requirements.
Singapore is a country with steady growth and attractive destination for a comfortable living. There are only few types of taxes in Singapore...
Now it is compulsory to e-file Income tax return by the assesse who has income exceeding Rs. 5 lacs per Year. Number of assesses who file manual return will be limited as the tax payers who are coming under the income limit are compulsorily needs to file Income Tax retu
Read the article and verify the applicable provisions, dates and official requirements.
Historical reference: figures, forms or statutory terminology may have changed. Check the current legislation and official guidance before relying on this article.
The Income-tax Act, 1961 governs deductions for periods to which it applies, including Chapter VI-A. The Income-tax Act, 2025 takes effect from 1 April 2026; check the relevant tax year and transitional provisions.
Section 8 of the Companies Act, 2013 provides for companies formed for charitable and other specified not-for-profit objects.
Use the Income Tax Department, India Code, and the Ministry of Corporate Affairs for current legislation, notifications and filing requirements.