Authoritative Direct Tax Guidance, ITR Compliance & Statutory Assessment Framework
Comprehensive analysis of the Income-tax Act, 1961 and Direct Tax Code transitions, encompassing ITR filing strategies, New vs Old tax regimes, advance tax computation, TDS/TCS obligations, capital gains exemptions, and faceless scrutiny assessments.
Income-tax Act, 1961; Income-tax Rules, 1962; Direct Tax Vivad se Vishwas; CBDT Circulars & Instructions.
Selection of ITR forms (ITR-1 to 7), mandatory filing thresholds, belated & updated returns (ITR-U).
Section 115BAC New Tax Regime vs Old Regime comparison, deductions, rebates & break-even points.
Withholding tax rates, Section 194Q/206C(1H), threshold limits, 26AS/AIS reconciliation & refund recovery.
STCG & LTCG on real estate, listed securities, Section 54/54EC/54F reinvestment exemptions.
Section 143(1) intimation, Section 143(3) scrutiny, Section 144 best judgment & e-proceedings.
Section 154 rectification of mistakes apparent from record and Section 264 revision by Principal Commissioner.
Comprehensive multi-regime comparison with break-even deduction benchmarks.
Quarterly instalment tracking and statutory interest computations under Section 234A/B/C.
Real estate and security capital gain assessment under latest Finance Act provisions.
An easy-to-understand client guide on why filing an Income Tax Return (ITR) creates an official record of your income, facilitates loan and visa applications, enables TDS refunds, and builds a strong financial profile even when tax payable is zero.
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