How to Save Capital Gains Tax on Property Sale | Section 54EC
Don’t want to pay tax after selling your land or building? Section 54EC helps you save tax if you invest […]
Tax
Section 54F: How to Save Capital Gains Tax by Buying a New House in India
Sold shares, gold, or land (not a house) and made a profit? You can avoid paying tax on the capital
Residential Status Section 6 of the Income Tax Act
Your residential status decides how much of your income is taxed in India. Whether you’re an Indian citizen or a
Tax
TDS Rate Chart for FY 2025-26 (AY 2026-27) – Latest Updates
Understanding the applicable TDS Rate Chart FY 2025-26 rates is crucial for both individuals and businesses to ensure compliance with
Section 56 (2)(x): Buying Property Below Market Value?
Section 56(2)(x) is one of the most impactful provisions for property buyers, gift recipients, and anyone receiving assets below market
Section 43CA: Tax on Real Estate Sales
When builders or developers sell real estate at a price lower than the market (stamp duty) value, the Income Tax
Section 80-IAC: Income Tax Deduction for Eligible Startups in India
Section 80-IAC of the Income Tax Act, 1961 is a startup-friendly provision aimed at encouraging entrepreneurship and innovation in India.
Section 50C – Tax on Sale of Immovable Property Based on Stamp Duty Value
Section 50C of the Income Tax Act 1961 is an anti‑tax‑evasion provision. It applies when you sell a capital asset—land, building, or
Section 64 Income Tax: Clubbing of Income Rules
Section 64 Income Tax rules prevent tax evasion through “clubbing of income.” Specifically, Section 64 prevents individuals from reducing their tax
What is Section 10(14) of the Income Tax Act
Section 10(14) of the Income Tax Act helps people save money by excluding certain allowances from their taxable income. This