
How Can You Apply for Registration Under 12AA of Income Tax Act?
Running a charitable trust or an NGO in India involves more than just doing good work it also includes fulfilling legal obligations. One of the key registrations you must obtain…
Running a charitable trust or an NGO in India involves more than just doing good work it also includes fulfilling legal obligations. One of the key registrations you must obtain…
The Income Tax Act of India is comprehensive, with various provisions aimed at maintaining fairness and transparency in the taxation system. One such provision is Section 271AAC, which deals with…
Taxation is an essential aspect of a country’s financial ecosystem, and in India, the Income Tax Act governs the levy of taxes on individuals, corporations, and various entities. One of…
The Indian taxation system has witnessed significant reforms over the years, and one of the critical aspects of these reforms is preventing tax evasion. The Income Tax Act of 1961…
The Indian tax system is known for its complexity and multiple layers of taxation. Among the various provisions in the section 115JC of Income Tax Act, that plays a pivotal…
Tax laws in India are extensive, and understanding them can be challenging. One such crucial section in the Income Tax Act is Section 2(24). This section defines what constitutes “income”…