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ITAT Delhi rules no books or vouchers are needed for Section 44AD income, deleting a Rs. 20.58 lakh cash deposit addition, citing a binding ...
ITAT Kolkata allows Mintu Mallick's appeal, remanding the case to the AO. It directs re-computation of income using the correct turnover figure available on ...
Get more Income Tax News and Business News on Zee Business. If influencers' gross annual income crosses Rs 20 lakh, they will have to pay GST on their earnings. The income ... The Sugam ITR-4S Form is ...
Futures and Options (F&O) trading income is treated as non-speculative business income under Indian tax laws. Here’s how it ...
Dividend income received from Indian companies is taxed as ‘income from other sources’ at slab rates and may be subject to TDS under Section 194 of the I-T Act. Further, the treatment of income/losses ...
The income tax dept has introduced Excel utilities for ITR-1 (Sahaj) and ITR-4 (Sugam) ... Section 112A of the Income Tax Act deals with LTCG tax on the sale of listed shares and equity ... Income ...
According to the Income Tax Act, employers are required to provide Form 16 on or before June 15 at the end of the financial year. Form 16 is mandatory for salaried taxpayers.
Business income under presumptive taxation under Sections 44AD, 44ADA, and 44AE. LTCG under Section 112A up to Rs 1.25 lakh, non-taxable. Income from salary, house property, and other sources.
ITR-2025: As a taxpayer, you should know which form applies to you based on the source of your income. Here we give a lowdown on common income tax forms ...
New Tax Regime Income Tax Slab Rates for FY 2024-25 Those who are filing ITR for AY 2025-26 (FY2024-25), they will file their tax returns based on the tax slabs existed before February 1, 2025.
Employers are required to issue Form 16 to employees by 15 June. This important document contains the record of taxes deducted from your salary and deposited with the Income Tax Department.
ITR filing FY 2024-25: Income tax payers take note! These 7 mistakes in income tax return filing this year can cost you big TOI Business Desk / TIMESOFINDIA.COM / Updated: Jun 04, 2025, 00:49 IST ...