Advance Tax Payment Due date, Applicability and Calculation

As the new fiscal year commences, it is critical for taxpayers to keep informed about their obligations. Advance tax payment is an important part of tax planning. This article will…

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TDS on Sale of Property in 2023: A Complete Guide

Tax Deducted at Source (TDS) is a technique developed by the Indian government to collect taxes at the moment of transaction, assuring a consistent inflow of income. This blog seeks…

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Tax on Gift Received by an Individual or a HUF – Frequently Asked Questions

Is the receipt of monetary gifts by an individual or Hindu Undivided Family (HUF) taxable?Yes, under the Income Tax Act of 1961, monetary gifts received by an individual or HUF…

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