Income tax deductions in new tax regime Income tax deductions in new tax regime In the Union Budget of 2024, the features of the newly introduced tax regime under Section 115 BAC, with concessional tax slab rates, are retained for the Financial Year (FY) 2023-24. Additionally, the government has introduced several key changes for … Read more
Easy 9 tips Income Not Included in Total Income In the realm of personal finance, the term “total income” often takes center stage. It’s the figure we use to measure our financial health, calculate taxes, and plan for the future. But what if I told you that there’s a whole world of income that often … Read more
Introduction : Income deemed to accrue or arise in India to accrue or arise in India Segment 9 of Income tax act, 1961, relates to the income deemed to accrue or get up in india. As per section 9 of the Income tax act 1961 , the earnings is considered as ‘accruing or springing up … Read more
Benefits of Startup and DPIIT Registration In the dynamic landscape of business, startups are the engines of innovation, driving economic growth and reshaping industries. To harness the full potential of your startup journey and access a range of incentives and support, registering your venture with the Department for Promotion of Industry and Internal Trade (DPIIT) … Read more
Understanding High-Value Transactions: Monitoring High-Value Transactions: Best 9 high value transactions income tax notice Key aspects of monitoring high-value transactions include: Examples of High-Value Transactions: . Conclusion: SOURCES: https://cleartax.in/s/income-tax-high-value-transactions-submit-response-under-e-campaign-compliance-portal FOR MORE INFORMATION: https://taxgyany.com/
