Income Tax

Tax harvesting in India is a strategy used by investors to reduce their tax liability by selling securities at a loss to offset capital gains. This is particularly useful for individuals investing in stocks, mutual funds, and other capital assets in taxable accounts. In your portfolio you can have shares which you have purchased for […]

Any income from sale of property(movable or immovable) is know as Capital gains. Now a days many people trade in equity market However, trading in shares may lead to both high losses or profit. Th gains  from transfer shares is liable for income tax, and the losses can be carried forward to future years. In […]

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. […]

Tax Deducted at Source (TDS) is a crucial mechanism under the Indian Income Tax Act, ensuring tax collection at the source of income generation. The government regularly updates TDS rates to align with economic policies and revenue needs. This article provides a detailed overview of the TDS rate chart for the Financial Year (FY) 2024-25, […]

Tax Deducted at Source (TDS) on property transactions is an important aspect of real estate dealings in India. It ensures tax compliance and helps the government track high-value property purchases. This article explains TDS on Property Purchase, its concept, applicability, rates, and process of TDS on property transactions. Understanding the intricacies of TDS on property […]