Income Tax Articles

LRS Remittance & TCS: Your Guide to Overseas Payments

Posted by Geetanjali Pandey 14 December 2023 3425 Views

Understand Tax Collection at Source (TCS) on Liberalised Remittance Scheme (LRS) payments. Learn rates & exemptions for overseas transactions. Read now!

CSR Expenditure Allowable Under Section 80G

Posted by Vivek Jalan 13 December 2023 986 Views

Discover how CSR expenditure can be allowable under Section 80G of the IT Act, despite restrictions under Section 37(1). Learn more now!

Old Tax Regime Exemptions & Deductions FY 2023-24

Posted by Pranab Banerjee

13 December 2023 14599 Views

Explore exemptions and deductions under the old tax regime for FY 2023-24. Learn about Section 80C, HRA, and more to reduce your tax liability.

Compensatory Penalties vs. Punitive Measures in Business

Posted by Vivek Jalan 12 December 2023 1053 Views

Understand the difference between compensatory and punitive penalties in business regulation. Learn which penalties are tax-deductible and avoid common pitfalls.

TCS u/s 206C(1H) FAQs: Your Questions Answered

Posted by CA Chandra Kishore Bajpai 12 December 2023 10985 Views

Confused about TCS u/s 206C(1H)? Get clear answers to your frequently asked questions about tax collection at source on goods.

Tax Audit Section 44AB: Who Needs It & Penalties

Posted by Mitali 12 December 2023 12275 Views

Understand Section 44AB tax audit applicability for businesses and professions. Learn thresholds, deadlines, and penalties for non-compliance in the UK.

Inoperative PANs: TDS Defaults & Solutions

Posted by CA Umesh Sharma 12 December 2023 3759 Views

Facing TDS defaults due to inoperative PANs? Discover the issues, consequences, and practical solutions for deductors. Learn how to resolve these challenges.

Excel Income Tax Software for Non-Govt Employees FY 23-24

Posted by Pranab Banerjee

12 December 2023 13575 Views

Simplify your FY 2023-24 income tax preparation with our Excel software guide. Learn benefits, features, and a step-by-step process for non-government employees.

Co-operative Sugar Factories: Tax Relief on Sugarcane Payments

Posted by CA Bhawna Dua 11 December 2023 577 Views

Discover tax relief for co-operative sugar factories on sugarcane payments. Learn about amendments and how to claim deductions for past assessment years.