Whatsapp x

WhatsApp Number

917778934590

Message

Category Uncategorized

TDS ON IMMOVABLE PROPERTY

Section 194 IA deals with TDS on immovable property under Incometax.In order to have a reporting mechanism of transactions in the real estate sector and also to collect tax at the earliest point of time Government has introduce Section 194-IA.…

Minor child Income – Taxability

Exemption under section 10(32) is available in case the income of a minor child is clubbed in the total income of his parent as per provisions of section 64(1A). As provisions of section 64(1A) and section 10(32) are interconnected, we need to understand the…

Income Tax on F&O Trading

Future and Options (F&O) Trading is a popular activity amongst taxpayers due to availability of  multiple online trading platforms. The Income Tax provisions on F&O trading need to be analysed carefully. A derivative means an instrument whose value is derived.…