Read more about the article Capital gain tax on sale of under-construction property in India
Capital gain tax on sale of under-construction property in India

Capital gain tax on sale of under-construction property in India

It is true that owning a property in a construction project has more benefits than purchasing a ready-to-move-in property. In this article, you will learn about the numerous rules relating…

Continue ReadingCapital gain tax on sale of under-construction property in India
Read more about the article Form 10IE- New Tax Regime, Taxability, Time-Limit
Form 10IE- New Tax Regime, Taxability, Time-Limit

Form 10IE- New Tax Regime, Taxability, Time-Limit

On February 1, 2020, Finance Minister Nirmala Sitharaman presented the Annual Budget 2020. The new tax regime was first implemented in the preceding budget. In this article, you will learn…

Continue ReadingForm 10IE- New Tax Regime, Taxability, Time-Limit
Read more about the article TAX ON SALE OF PROPERTY RECEIVED AS GIFT
K M GATECHA & CO LLP-CA in ahmedabad

TAX ON SALE OF PROPERTY RECEIVED AS GIFT

The taxability of gifts is a popular and frequently asked subject among taxpayers. In this article, you'll learn about the numerous rules relating to the ‘TAX ON SALE OF PROPERTY…

Continue ReadingTAX ON SALE OF PROPERTY RECEIVED AS GIFT

Income tax implications for NRI selling property in India

NRIs while selling their house properties in India must pay tax on the Capital Gains. The tax payable on the gains depends on whether it is a short-term or a…

Continue ReadingIncome tax implications for NRI selling property in India
Read more about the article Tax benefits on purchase of Electric Vehicle in India
Tax benefits on purchase of electric vehicle in India

Tax benefits on purchase of Electric Vehicle in India

Introduction: Over the past decades, the growing concern over climate change, energy independence, and securities of energy supply have accelerated the path to the decarbonization of the transport sector. this…

Continue ReadingTax benefits on purchase of Electric Vehicle in India
Read more about the article Residential Status as per Income Tax Act, 1961
Residential Status as per Income Tax Act, 1961

Residential Status as per Income Tax Act, 1961

Taxation of individuals in India is primarily based on their residential status in the relevant tax year. The taxability of an individual in India depends upon his residential status in…

Continue ReadingResidential Status as per Income Tax Act, 1961
Read more about the article All about dissolution or closure of Partnership Firm
K M GATECHA & CO LLP-CA in ahmedabad,CA near me,Income tax return services,GST services,Accounting services,Audit services,Bookeeping services,MCA services,MCA filing,TAX audit

All about dissolution or closure of Partnership Firm

Dissolution of a Partnership Firm: Dissolution of the partnership firm refers to the situation where all the relation between a firm and its partners comes to an end. It is…

Continue ReadingAll about dissolution or closure of Partnership Firm
Read more about the article All about the Resolution of Company Act, 2013
K M GATECHA & CO LLP-CA in ahmedabad,CA near me,Income tax return services,GST services,Accounting services,Audit services,Bookeeping services,MCA services,MCA filing,TAX audit

All about the Resolution of Company Act, 2013

In simple terms, A resolution is a decision of a firm for doing an Act. The company’s decisions are made by passing a resolution. A resolution is just an agreement…

Continue ReadingAll about the Resolution of Company Act, 2013
Read more about the article All about the rectification of ITR u/s 154
K M GATECHA & CO LLP-CA in ahmedabad,CA near me,Income tax return

All about the rectification of ITR u/s 154

Section 154 of the Income Tax Act, 1961, Section 154 provides a possibility for the assessing officer to rectify any mistakes or errors in the income tax records that were…

Continue ReadingAll about the rectification of ITR u/s 154
Read more about the article How to correct mistakes in GSTR 3B
K M GATECHA & CO LLP-CA in ahmedabad,CA near me,Income tax return services,GST services,Accounting services,Audit services,Bookeeping services,MCA services,MCA filing,TAX audit

How to correct mistakes in GSTR 3B

Introduction Due to unawareness, many taxpayers commit mistakes in GSTR 3B and GSTR 1 while filing the GST Return. In this article, we will discuss “how to correct mistakes in…

Continue ReadingHow to correct mistakes in GSTR 3B
Read more about the article Business compliance requirements for e-commerce business in India
K M GATECHA & CO LLP-CA in ahmedabad,CA near me,Income tax return services,GST services,Accounting services,Audit services,Bookeeping services,MCA services,MCA filing,TAX audit

Business compliance requirements for e-commerce business in India

Introduction India has the second-largest internet user base in the world. India’s e-commerce market after “India Goes Digital" has the fastest-growing country in the world. The rapid popularity and acceptance…

Continue ReadingBusiness compliance requirements for e-commerce business in India