Income Tax

Section 194A of Income Tax Act deals with TDS On Interest U/s 194A on Interest other than interest on securities. On which income section 194A is applicable? It is applicable on interest other than interest on securities.  It covers interest received from banks, post office, cooperative society. It excludes interest on securities. Securities means shares, […]

Introduction Tax harvesting is a smart tax planning strategy used by investors to reduce their tax liability on investments. In simple words, it means selling investments in a planned way to book gains or losses so that the overall tax becomes lower. Many investors hold shares or mutual funds for the long term. However, sometimes […]

A digital signature is a cryptographic mechanism that enables a person or organization to sign electronic documents securely. It ensures the authenticity, integrity, and non-repudiation of digital communications. Digital signatures use encryption technology to verify that a document has not been altered and that it comes from the stated sender. Unlike traditional handwritten signatures, which […]

Introduction Many people invest in shares to earn profits from the stock market. When an investor sells shares at a price higher than the purchase cost, the profit is called capital gain, and it is taxable under the Income Tax Act. The tax treatment mainly depends on the holding period of the shares and whether […]

Now a day’s many persons trade in equity and F&O market. Futures and Options (F&O) are derivative instruments traded on stock exchanges. They are hedging instruments and required specials training for trade. In this article we will discuss future & options taxability and accounting. The taxation of F&O transactions in India falls under business income. […]