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…

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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…

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Read more about the article How to claim foreign tax credit 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

How to claim foreign tax credit in India

Foreign Tax Credit (‘FTC’) According to a Ministry of External Affairs report, there are 32 million NRIs and OCIs residing outside India. Many Indian residents migrated abroad to countries like…

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Read more about the article  Taxability of agricultural income 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

 Taxability of agricultural income in India

Agriculture is the primary source of livelihood and source of income for about 58% of India’s population. As we all know that income which is received from agricultural activities know…

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Read more about the article <strong>List of Items on which GST ITC is not available</strong><strong></strong>
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List of Items on which GST ITC is not available

In this article, we have listed as such items, which are not eligible for the input tax credit under GST. But first, we need to understand the term ‘ITC’. ITC…

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Read more about the article Tax on Freelancers income in India
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Tax on Freelancers income in India

In this article, we have discussed about tax on freelancers income in India . India is the second-largest freelancing Market. freelancing has taken off quite a bit in the past…

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