Articles by CA Santhosh Gupta Kethepalli

Finance Act 2020: Trust Registration & Tax Exemption Changes

Posted by CA Santhosh Gupta Kethepalli 24 November 2020 8444 Views

Discover the Finance Act 2020's key amendments for trusts and NGOs regarding registration, renewal, and tax exemptions under Sections 11, 12, and 80G. Learn about the new 5-year validity.

Section 80JJAA: New Employee Tax Deduction Guide

Posted by CA Santhosh Gupta Kethepalli 14 October 2020 17261 Views

Discover Section 80JJAA tax deductions for employing new staff. Learn eligibility, quantum, and conditions to claim 30% of additional employee costs.

Section 80D: Medical Insurance Tax Deduction Guide

Posted by CA Santhosh Gupta Kethepalli 05 October 2020 17266 Views

Claim tax deductions for medical insurance premiums under Section 80D of the IT Act. Learn limits for individuals and HUFs, including for senior citizens.

TCS u/s 206C(1H): Your Beginner's Guide

Posted by CA Santhosh Gupta Kethepalli 30 September 2020 24599 Views

Understand TCS u/s 206C(1H) for goods sales. Learn who's liable, rates, deadlines, and exemptions. Essential for sellers exceeding Rs 10 Cr turnover.

Income Tax: When Previous Year's Income is Taxed Now

Posted by CA Santhosh Gupta Kethepalli 29 September 2020 8464 Views

Discover exceptions to the general income tax rule. Learn when your previous year's income is assessed in the same year under the Income Tax Act.

E-Assessment: Revolutionising India's Income Tax Regime

Posted by CA Santhosh Gupta Kethepalli 24 August 2020 6793 Views

Discover the new E-Assessment scheme for income tax in India. Learn about the faceless, electronic process designed for transparency and efficiency.

Section 80EEB: Save Tax on Electric Vehicle Loan Interest

Posted by CA Santhosh Gupta Kethepalli 19 August 2020 9986 Views

Claim tax deduction on interest paid for electric vehicle loans under Section 80EEB. Learn eligibility, benefits, and limits up to Rs. 1.5 Lakh.

Section 44ADA: Presumptive Tax for Eligible Professions

Posted by CA Santhosh Gupta Kethepalli 04 August 2020 18080 Views

Understand Section 44ADA's presumptive taxation for professionals. Discover eligibility, presumptive income, and relaxations on audits. Learn more!

GST Registration: Eligibility & Procedure Guide

Posted by CA Santhosh Gupta Kethepalli 03 July 2020 10981 Views

Understand GST registration eligibility, requirements, and the step-by-step procedure. Learn about turnover thresholds and compulsory registration rules.