income tax
The dividend is basically a part of the profit of the company to distribute to the shareholders of the company. …
Read moreExemption for dividend Income received from Indian Company Sec.10 (34)
Introduction: As we all aware that Income Tax is levied upon an individual on the basis of different tax rates …
In this article we will discuss capital gains tax exemption available for an assesses by way of section 54 F, …
Read moreKnow all about Section 54F: Capital Gains tax exemption
Exemption as per budget 2020 Union Budget 2020 was presented in parliament by honorable Finance Minister on 01.02.2020. In our …
Read moreBudget 2020 : Exemptions Not Available Under New Tax Regime
Introduction: As we all know if we had paid excess taxes than our income tax liability either by TDS/ TCS …
After filing the Income Tax returns by the assessee, the Income Tax department processes the return and verifies the correctness …
Meaning : Section 139 of the income tax Act, 1961 has provided the limit for every type of assessee who …
Read moreReasons and Rectification of Defective Return Notice U/S 139 (9)
Sometimes we make some errors or omissions in return of income and we realize those mistakes after filing of such …
Read moreHow To Respond To U/S 139 (9) Defective Return Notice ?
In the earlier article Types of Income Tax Notice, we have discussed the different types of Notices issued by the …
If you have received The Notice From The Income Tax Department then there is no need to get panic because …