Income Tax Articles

Key Highlights On Section 194 TDS On Payment Of Dividend

Ayush 31 January 2023 at 12:01

Section 194 of the Indian Income Tax Act governs the TDS (Tax Deducted at Source) on payment of dividends.

Section 194H: TDS on Commission and brokerage

Mitali 31 January 2023 at 11:52

Section 194H of the Income Tax Act governs the taxation of commission or brokerage. According to this section, any person responsible for paying to any income by way of commission or brokerage shall deduct tax at source of such income.

Section 194Q of the IT Act, 1961

Aisha 30 January 2023 at 13:03

Section 194Q of the Income Tax Act, 1961 is a provision that deals with Tax Deducted at Source (TDS) on the purchase of goods.

Treatment of income from house property in hands of salaried personals

FCS Deepak Pratap Singh 30 January 2023 at 11:40

As you are aware that, the period of Jan-March is a period in which we salaried personal are in tremendous stress to save our taxes and the instruments in which we have to invest to save taxes.

Section 194J: Fees for professional or technical services

Chetan Chauhan 28 January 2023 at 16:42

Section 194J of the Income Tax Act pertains to the TDS on fees for professional or technical services. According to this section, any person, including an individual or a company, who is responsible for paying to any sum as fees for professional or technical services, is required to deduct TDS.

An Overview on: Annual Information Statement (AIS)

CA Ruby Bansal 28 January 2023 at 12:26

The Annual Information Statement (AIS) in Form 26AS is a comprehensive view of information for a taxpayer that includes details of tax credits received from various deductors/collectors, tax payments made by the taxpayer, and any tax refund received by the taxpayer.

Download Form 26AS

Aisha 27 January 2023 at 16:56

Form 26AS is a statement of tax credits. It is a consolidated statement that contains information about the tax that has been deducted or collected from an individual's income, as well as the taxes paid by the individual.

Income Tax Refund: Eligibility, Reissue & Process

Suhasini 27 January 2023 at 14:56

Income Tax Refund refers to the process of receiving money back from the government if the amount of taxes paid by an individual or organization is more than the taxes owed.

An Overview Of Form 10BA

Chetan Chauhan 27 January 2023 at 11:50

Form 10BA is a tax form used in India for declaring deductions claimed under Section 80GG of the Income Tax Act. This section allows for deductions on rent paid for residential accommodation if the individual does not own a house or if the house is not available for his use.

Tax Saving Options for Salaried Person

CA Rahul Mittal 24 January 2023 at 16:49

As we all know March 2023 is coming. This means financial year 2022-23 is about to end. Everyone looks for tax planning to save tax. Here we will talk about ways to save tax for salaried people.