Made Money From IPO Listings? Know the Tax Implications

Recently, we all witnessed a rise in the IPO listings of many…

ITR: Reporting requirements of foreign assets in the income tax return

The residents Indians holding specified foreign assets shall comply with the reporting…
HRA

Income Tax in Case You Own More Than One House Property

If a taxpayer owns many house properties, the Income Tax Act allows…
Tax Exemption

Do you have to show your assets in your income tax return?

The income tax department has mandated high-income earners to disclose certain assets…
Tax Exemption

ITR: 7 things a taxpayer should know before filing the return

The last date of filing income tax returns by individuals (not required…

Know how to report intraday gains and losses on stocks

Investments in the equity market can be either held as ‘capital asset’…
Tax Exemption

Tax Implications Of Intraday Trading Of Shares

Intraday trading of stocks means buying or selling shares within a day.…
Tax Exemption

Changes in ITR forms – ITR-1, ITR-2 and ITR-V

CBDT notified the new ITR forms from ITR-1 to ITR-7 by incorporating…

CBDT grants relaxation on eligibility conditions of ITR-1 & ITR-4

The Central Board of Direct Taxes (CBDT) has granted relaxation in the…