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Cash Transaction limit under Income Tax Act 1961

Cash Transaction limit under Income Tax Act, 1961 & GST

Cash transactions have always played a significant role in the Indian economy and are a consistent source of black money accumulation. The government…
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Tax benefit on Home Loan under Income Tax Act 1961

Tax benefit on Home Loan under Income Tax Act, 1961

For most people, owning a home is a dream comes true. The Indian government has traditionally favoured encouraging residents to invest in real…
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NRI Income Tax Return in India

Everything you need to know about NRI Income Tax Return

Are you aware that non-resident Indians, or NRIs, must pay income tax in India? Not only do residential Indians pay taxes, but so do…
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Customs Cash Ledger with applicable Amendments

Concept of Customs Cash Ledger with applicable Amendments

When a taxpayer constructs a Challan, the amounts to be contributed to each Minor Head inside each Major Head are chosen by the…
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