Tag: Annual Information Statement, Income Tax, India
Annual Information Statement decoded
The income tax department collects information about the income received and material transactions carried out by an individual in a...
CBDT Rolls Out New Annual Information Statement
The Central Board of Direct Taxes rolled out the new Annual Information Statement on the compliance portal which provides a comprehensive...
Queer Finanz
Imagine living with your dream partner, but not being able take joint home loans, name each other as beneficial nominees for life insurance...
Foreign Investments: Taxation
Interest in global stocks, especially tech stocks listed on US stock exchanges, have captured the attention of investors around the world....
Three email IDs to register I-T complaints
The Income Tax department has notified three official email IDs for taxpayers to register grievances under the faceless or e-assessment...
CBDT notifies Cost Inflation Index for FY 2021-22
As inflation increases, the prices of goods increase too. Due to this, the purchasing power of money falls. For instance, if you can...
Taxman to Access Capital Gains Data Directly from FY22
Beginning this financial year, the income tax department will have direct access to details of capital gains made, dividends received and...
TDS on small savings
The small savings rate cut has been reversed, but investors in these schemes have other problems looming in the horizon. The government has...
Capital loss on investment
A capital loss is the difference between the purchase price and the selling price of any investment, where the selling price is lower than...
Income Tax filing deadline now 10 Jan
After intense lobbying by chartered accountants and tax professionals, the government has granted a fresh extension to those who have not...
