The complete guide to Annual Information Statement by Income Tax Department from Tax2Win. The Annual Information Statement (AIS) is a comprehensive overview of taxpayer information displayed on Form 26AS
Deferred Tax Asset and Deferred Tax Liability: The both are forms an important part of Financial Statements. Learn about its accounting, effect and meaning.
ITR processing under section 143(1) - Once the ITR has been verified, the department processes the income tax return and sends the intimation under Section 143(1) of the Income Tax Act
Sec 43CA of Income Tax Act: I this article we discuss about what is section 43CA and Nuances of the section. It provides in the case of transfer of land or building.
Income Tax on Bitcoin in India: The Reserve Bank of India (RBI) has not yet granted bitcoin or any other cryptocurrency the status of legal tender in India.
Corporate Tax in India - It is the tax imposed on the net income of the company. Learn more about corporate tax working, definition and all updates.
Direct tax in India: Read more about different types of direct taxes, what is direct tax? and tax slab for the assessment year 2021-22.
Short term capital gain under section 111A: Since short term capital gains accrued through equity-oriented funds fall under Section 111A, a rate of 15% would be levied as tax on such gains.
Section 269SS and 269T of Income Tax Act,1961 been explained in the Article. What is Section 269SS of income tax? what is section 269T of income tax?
A Representative Assessee is a person who acts as a legal representative of another person under the Income Tax Act. Learn more about types of assessee in income tax.