Here are some pointers to documents required to claim possible deductions for tax benefit. These
documents need to be submitted by an employee to employer for proper tax
Permission Deductions Under Income Tax Read More »
On January 16, 2016 the government of India launched the Start-up India
Initiative. This was undertaken in order to support entrepreneurs, create
vigorous start-ups ecosystem as well as shift India towards creating jobs rather
than seeking them.
The very objective of the Start-up India Scheme was to build a strong ecosystem
for promoting innovation and start-ups in the country.
Start-up India Recognition Read More »
*Section 54: Capital Gains on Sale of Residential Property and investment in a Residential Property
*Section 54F: Capital Gains on Sale of Long Term Capital Asset other than Residential Property and investing in a Residential Property
**Section 54 EC: Investing in REC/NHAI Bonds upto Rs. 50 lakhs
Rules of Taxation of Private Family Trust Read More »
This article is about how trading in derivatives is to be treated under the Income tax. Derivative trading (trading in future and options or F&O on stocks, currencies, and commodities) has become a hot topic amongst investors. Unfortunately, though, most people ignore reporting of transactions of F&O in there Income Tax return. Here we have tried to explain the same in very simple terms. If you are an F&O trader and struggling to understand how to tackle your taxes, read on below
Taxation of Trading in Future & Options Read More »
