The Finance Act The Finance Minister of India presents a Finance Bill every year that proposes amendments to the direct and indirect taxes. When both the houses of the Parliament passes the bill, it receives consent from the President of India and becomes the Finance Act. Such amendments will become a part of the Income Tax Act and will be implemented from the first day of the next financial year usually. In addition, the Finance Act consists of four parts: Part I: It specifies the rate at which income tax is levied for various income categories during a financial year. Part II: It specifies the rate at which tax must be deducted at source during the financial year. Part III: It states the changes in income tax rates in specific cases, i.e. the rate for income chargeable under salary head and rate for computing advance tax for a financial year. Part IV: It explains the rules for calculating agricultural income in this part. [thanks me later ]
@sakshisharma51603 жыл бұрын
Very nice👍
@spartan-yw2fi3 жыл бұрын
Thanks
@RizwanKhan-sq7kx3 жыл бұрын
thanks 👍👍👍
@ayezabhat50263 жыл бұрын
This channel is intentionally underrated becz it is above level of paid batch ❤️ that is y not shared.. otherwise they will lose market becz this channel is far more better nd best thanks lateef sir..Allah will reward u thousand pennies nd thousand rewards becx u r helping that person that cannot afford coaching... U r true jewel thanks to whole community
@IrshadAhmad-hc7kq2 жыл бұрын
You are good
@mehreenperveen94883 жыл бұрын
Sir meri daughter bht khush hoti hai jab aap boltey hai" beta " Woh bht khush hoti hai, mom aap kya teacher k beta ho. Thanks sir for such a simplified way of teaching
@spartan-yw2fi3 жыл бұрын
Cute moment
@dildil6613 жыл бұрын
For all the people who don't know amarjeet sir : he is a wizard of direct tax in CA 2018 exam he had highest marks in direct tax subject . Direct tax legend
@spartan-yw2fi3 жыл бұрын
So cute 😑😑😑
@rayeesbhat58113 жыл бұрын
It seems u have a great hold on taxation. U r really awesome Thank u Mr Lateef sir and Mr Amerjeet sir
@Misba-cs3eo2 жыл бұрын
@12:25.... Thanks a lot Amarjeet sir ji...... Exactly yehi yaad aaya exam hall mai aaj.... Thank you so much
@hereandthere82613 жыл бұрын
Lateef academy is doing best but such kind of vast knowledge is required only for the competative exams of CA.
@roufahmad46563 жыл бұрын
No body can complete this topic in such simple way .
@shahidwani51873 жыл бұрын
Sir it feels like i have been studying accounting for ages... ❤
@manvisharma21032 жыл бұрын
Sir aap humko finance act 2022 mei jo changes aaye h , uspe ek video provide kraa dijiye please.
@mohammedsaleem673 жыл бұрын
My mind was draining out once I found your detailed analysis i become delightful.
@Lillyjayy3 жыл бұрын
Superb sir Really you are legend.....How easy you made it um really amazed
@khandayrasiq86812 жыл бұрын
Laga nahi sir ....... Dil par laga 😊😊😊😊😊
@neenadevi3743 Жыл бұрын
Sir pls give lecture according to new tax regime
@ShaizyaAli Жыл бұрын
Daike hai playlist mai
@Lillyjayy3 жыл бұрын
Amongst all the channels preparing us for Jkssb your lecture series was ever best for me ....Lots of live
@sahilbhardwaj12523 жыл бұрын
Please teach for exam point of view.I think we should do smart study.You are going very deep
@gitanjaligupta85203 жыл бұрын
It is said if you can explain anything in a simple way that means you understand that topic ...thank you for the efforts that you have put in
@alizajan36543 жыл бұрын
Nice sirji doing great job best material and best teacher
@wasimsyed44493 жыл бұрын
Hats off to u sir... Kudos ❤❤.. Itne ache se kbi clg m prof nhi explain kr saka IT subject ko... Jitna explain apne kiya... I hve no words
@rashtrawadi46973 жыл бұрын
Very well explained Sir .1hr kab hua pta he nhii chala thnk u
@nidafatima54433 жыл бұрын
Amazing way of teaching sir.. God bless you..
@ratnadevi16063 жыл бұрын
Outstanding teaching 100/100🥳🥳🥳🥳🥳🥳🥳🥳🥳
@collegeclasses77443 жыл бұрын
Sir u r highly knowledgeable Thanks a lot
@symeraayat88013 жыл бұрын
This is the best session on Income Tax i ever found. Came here very late but i am truely amazed by you sir. You clarity on every part helped me a lot as a commerce student here it felt very connected...May Allah bless you sir with infinite blessings. Thanks alot. 😊
@Lillyjayy3 жыл бұрын
No words to Appreciate you...You made it so simple that each and every point i understood like Makkhan......Our prayers with you ❤️❤️❤️❤️
@ThirdEyeEducation233 жыл бұрын
Way of teaching is fabulous 🙏🏼🙏🏼🙏🏼🙏🏼
@nidafatima54433 жыл бұрын
May God bless you sir...
@ahsanbinabdullah2533 жыл бұрын
Really great sir ,,,bt it is smthing new to we people ,,takes time .....thnx a lot sir
@WarwanWildwoods3 жыл бұрын
Incom tax slab in union budget 2020 is different from wt u said ...
@nishadabanoo52283 жыл бұрын
Thanks a lot sir jii
@khanaamir9132 жыл бұрын
Your efforts are remarkable, thankyou amanjeet sir, may Almighty bless you with best reward for human, may Allah bless you and protect you with the dangers here and hereafter. And sincere thanks to lateef sir also, who provides and arranges quality content at no cost.
@pinkdove32263 жыл бұрын
bahut acha padha rahe ho sir
@UshaSharma12july3 жыл бұрын
What a good effort sir ........no body can explain in this way .....nice sir👍👍👍👍
@whitedevil-fp8cl2 жыл бұрын
Sir plzz make a video on tax regime of financial act 2022 plzz bht confusion ho raha hai when we browse study materials online regarding old and new tax regime
@ArjunSharma-us6gh Жыл бұрын
BEST WAY OF TEACHING ❤
@KoshurTehzeeb3 жыл бұрын
Thank you very very much sir. ..Basics clear kardi aaapne
@vishalig85673 жыл бұрын
Out standing sir🌸😇
@Kais5452 жыл бұрын
Quality education thankx ca lateef and team..
@abidsubhan80513 жыл бұрын
Bhai aptou chalta phrta computer ho....🤗🤗😍😍
@talhawaheed99983 жыл бұрын
sir notes kahan milay gay yeh walay
@jasbirrajput12253 жыл бұрын
u r going beyond syllabus
@sahilsharma18533 жыл бұрын
Bahut asha pdate ho sir If I cleared my fAa exam then I will give credit of this to lateef commerce classes 🙏🙏🙏🙏
@humanitylover21563 жыл бұрын
gift dena...or 1st salary dena... serf credit se kya hoga bhi
@BRV-253 жыл бұрын
These classes would be beneficial for IAS/KAS, FAA or SI wont require such deep knowledge
@hereandthere82613 жыл бұрын
@@BRV-25 Offcourse. Such kind of deep knowledge doesnot required in FAA.
@himalayanbeautys5533 жыл бұрын
Being a commerce student This topic is really appreciable
@AadilKhan-ub1du3 жыл бұрын
Amazing content in a summarised way hats off. ..
@mrconquer78232 жыл бұрын
Sir agr budget 2020 me aaya toh uska assessment yr 1-4-2020-31-3-21 hona chaeyay tha But apne 21-22 q mention kiya h .. vo smaj nhi ara h 2020 buget ke according
@AjayKumar-mi1jy3 жыл бұрын
sir ap acha padare ho sari chapter jo accountacy me add hue hain sab padoao ap
@bilalgulz3 жыл бұрын
If AY is 2021-2022 , then why salaried people are taxed in the month of Feb for the salary received w.e.f Ist April in the same year . So for them PY and AY is same .
@yourwaytutorials3 жыл бұрын
Fabouls teaching.......sir please make a lecture on GST in detail.. because it comes under indirect tax..
@darwaheeda87693 жыл бұрын
Thankuuu really helpful 🙏
@user570793 жыл бұрын
Perfect sir ....thnkuu so much
@bhagyah2612 жыл бұрын
Thank you sir 😊👍🏻The lecture was very understandable and well explained
@waseemakram-ct9jn3 жыл бұрын
Outstanding sir ...... Thanku so much All clear......👍
@amitsharma46543 жыл бұрын
Sir your way of teaching is so amazing 👏 & make the whole lecture very simple ....thank U sir
@shafatfarooq69033 жыл бұрын
Sir if agriculture is exempted. Why is there a schedule for computing tax on agriculture?
@unknownworld1123 жыл бұрын
kaha say aye ho sir ..mtlb itna simple language say smjna aur itna deeply padna ..sir kay batao main app really kuch alag key level key sir hi..aur notes mashallah im hearty say you thanku very much ..may allah bless you sir..its was really outatanding..even im pg economics student bht bar pada hi taxation but today like the way you teach this topic it was really amazing..thanku❤
@themaddy80603 жыл бұрын
Can cess be applicable on Salary or having income around 10 lakh?
@babar27433 жыл бұрын
The 4% health and education cess is the same for everybody, irrespective of which income tax slab one falls in.
@saimamalik19623 жыл бұрын
Bht achay sai samj ayaa
@Lalkitaab3 жыл бұрын
Sir plz make a clarify video on tax slab These are different as in budget 2020
@asmatnabi12473 жыл бұрын
Sir I have a query ... As per finance act 2020 Income tax on salary? Previous year is 2020-21 Assessment year is 2021-22 As we have to pay tax as per rates defined in assessment year (2021-2022) how we would get rates of assessment year in 2020-21.. If any body knows plzz clarify
@kushagarsharma46743 жыл бұрын
Same doubt
@aijazahmad75882 жыл бұрын
Amazing lecture..you r genius sir
@Misba-cs3eo3 жыл бұрын
Bohot acha sir.
@showkatmalik12113 жыл бұрын
Thanks sir
@Tahiriqbal-vl1rx3 жыл бұрын
I m here 2nd time, very nice way to explain such a complex concept, Rock 🤘sir, Allah bless you always
@allahfearing52903 жыл бұрын
From whom cess is due..?for all persons who have to pay surcharge?
@bajalmusic81153 жыл бұрын
Sir plz provide complete notes
@shivanipuri32393 жыл бұрын
Very well explained 👌
@IAK19923 жыл бұрын
Best teacher not doubt
@Arhaanch083 жыл бұрын
Sir cess (4%) ussi peh lagah gaa Jo surcharge Mai fall krega mtlb jic ki income above 50lakh oogi ?
@mohd_irfan786093 жыл бұрын
sir u r amazing marvelous tremendous
@syedtaha88273 жыл бұрын
Sir rates of income tax for individuals, HUF, AOI, BOI, Company, firm, public authority kay liye koi trick banayee
@ananditasharma58193 жыл бұрын
Just a request sir... important deuctions karvo... jaise ki 80c waali.. etc which u think are important 🙏
@sumairamanzoor64063 жыл бұрын
Sir , please give examples of both exemption and deduction ,so that it could turn into black and white concept ,I have got into so much confusion
@tasirkhan38522 жыл бұрын
sir, you told that association of people may consist firms and companies also, in that case, can they chose rates of association of people or the rates of firm / company
@eactclasses2 жыл бұрын
That AOP is a separate person and income earned by that AOP will be taxed at the rate applicable for aop
@zeeshanmir79163 жыл бұрын
Sir if we are deducting deductions abv then which deduction are we deduction again from GTI
@vivekbhal41782 жыл бұрын
Thank you Sir ✨
@shahfaro78783 жыл бұрын
30:19 AY 2021_22 PY 2020_2021.. PY mentioned is 18_19....??
@tabiwani65513 жыл бұрын
Zabardust 👌🏻
@bhat13253 жыл бұрын
Great sir. Thank you
@angreifercricket34523 жыл бұрын
Sir 30 40 minutes ka topic rakha kro 1 hour boring lagta ha phir Baki ur art of teaching is best 👌👌👌👌👌
@eactclasses3 жыл бұрын
Noted
@foziabhat91673 жыл бұрын
@@eactclasses same request
@foziabhat91673 жыл бұрын
@@eactclasses same request
@abdulwaris83093 жыл бұрын
Classy explanation! Good Work.
@ssgcommando31243 жыл бұрын
Allah bless u sir u have an amazing talent of teaching..
@attitudewhatsappstatus4103 жыл бұрын
Sir you said about domestic companies tax slab 25 nd 30 percnt as per assessment year 21 22..and taken 2018 , 2019 as previous year how sir!! As per financial bill amendments 2021 , 22 it would be implemented frm next financial year that is 20 22 , 2023 as tax slab for the previous year which would be 2021 and 2022.. As per this 2018 and 2019 as previous year we have to take assessment year 2019 and 2020 ..moreover,we must take into consideration the tax slab(financial amendment Bill) of 2018 and 2019 for the tax collection in assessment year 2019 and 2020.. Toatally confused at this point of lecture
@Invisiblerider223 жыл бұрын
24:40 sec par sir apne jo 4th no par amount likha ha wha shyd 1 lac ni 10 lac aana tha ...nd sbka add hokr 142500 nahi 412500 aayega ....aasa muje doubt ha plz check karke btaye sir
@tawseefkhanday45253 жыл бұрын
Respected sir , please provide link for downloading income tax
@computeropedia3 жыл бұрын
Thank you sir.
@kamilajaan12343 жыл бұрын
Sir ji ur great superb lect
@nishusaini7863 жыл бұрын
Sir section 115 bac mai bac ka full form kya hai
@allahallah54433 жыл бұрын
Thank Uu🎉
@DeepakVerma-hr4yo3 жыл бұрын
Outstanding teaching
@WarwanWildwoods3 жыл бұрын
Please clarify the doubts
@soviasparray3 жыл бұрын
At 29:00min , Birthday question . person whose birthday is on 1st April 1961 , As per sir he celebrates birthday 12:00am of 31 March & his age will be 60 on 31 March ... but actually at 12:00 am of 31 March (as per sir) it is already 1 Apr... can he be considered a senior cetizen ???
@swasim18653 жыл бұрын
Mindblowing lecture
@emurayees72703 жыл бұрын
You are really great sir ,,,Awsom
@ellahizahoor22703 жыл бұрын
Sir assignment yr and previous year not clear to me