CBDT notifies 56 types of Incomes & Expenses to be reflected in AIS of IT Portal (Detailed List below πŸ§΅πŸ‘‡) 1. Salary 2. Rent received 3. Dividend 4. Interest from savings bank 5....

Income from trading in F&O is considered as Business Income. Therefore tax is : 1. Upto 30% tax on profits 2. Losses in derivatives can be carried forward for 8 years One β€œm...

Just 48 hrs left to choose your Income Tax regime! βŒ› New vs Old Regime, which one should you opt? A thread for Salaried Employees πŸ‘‡ #incometax #April30

TAX TREATMENT OF GIFTS RECEIVED BY AN INDIVIDUAL OR HUF Source @IncomeTaxIndia Thread 🧡 https://t.co/zBJyS1poKg

December 31, 2022 is the last day to file ITRs for Assessment Year (A.Y.) 22-23 i.e. Financial Year (F.Y.) 21-22. Read on 🧡 https://t.co/AFQOCbhM9D

Tax Savings must be planned for at the start of a financial year! A list of tax-saving instruments that can be used to save tax. Hit "Retweet" to educate maximum investors Lets...

Want to know how you can do some tax cuts on your salary? Trying to cover some possible areas of exemptions and deductions with this thread 🧡

ITR Forms 1 and 4 for the AY 2022-23 were enabled recently on the @IncomeTaxIndia website. Many of you have asked about the applicability of these forms. Here is a 🧡 on ITR Forms...

As the FY 21-22 is closing, every one is busy in tax planning. However, very few can know how equities are taxed in India and how can save income tax with planning by sale of share...

Let us know about advance tax under income tax act, when to pay and more in this thread 🧡

Some useful chart related to #IncomeTax #GST #ROC Income Tax Rates 1⃣ https://t.co/fE0HAoTURE

Income Tax Slabs during Indira Gandhi tenure For 10 lakhs income, Tax was 9.33 Lakhs For 5 Lakhs income, the Income tax was 4.45 Lakhs. Meaning whatever you earned it belongs to...

What types of mistakes you should avoid while filing your #Income #Tax #Return? 1. Don’t hide any type of income because #IT Dept knows everything. Like house property income, FD...