MCA has widened the scope of fast-track mergers and demergers under Section 233 of the Companies Act, 2013. Learn about the ...

In the colloquial sense, taxpayers can understand total income as the total amount of income earned in a financial year. However, according to the Income Tax Act, Gross total income should be ...

According to Section 192 of the Income Tax Act 1961, an employer deducts TDS while paying salary to an employee. An employer has to file salary TDS return in Form 24Q, which has to be submitted on a ...

Income Tax Deductions under Chapter VI A of the Income Tax Act pertain to reductions in taxable income for individuals or businesses, thereby lowering their tax liabilities. Sections 80C to 80U of the ...

Section 80JJAA deduction can be claimed by taxpayers whose total income includes profit or gains from business. To be eligible to claim deduction under Section 80JJAA, the taxpayer must satisfy all of ...