Income Tax Articles

Practical aspects of Section 194 I and Section 194 IB of the Act

Posted by CA Mehul Thakker 11 September 2023 51838 Views

In this article we will be touching upon the provisions of the Income Tax Act, 1961 relating to TDS in case of rent paid or payable by Individual/ HUF. Moving f...

Smart Tax Filing, Investment and Legacy Planning: A Guide for Every Age

Posted by Rashmi 08 September 2023 3302 Views

If you file your tax return after the due date, it could be considered late filing. You might have to pay a late fee as per Section 234F. However, if you originally filed your return on time (by July 31st) and verified it within 30 days of e-filing, you can still revise it later.

Guidelines for Implementing the Supreme Court's Ruling in Pr. CIT (Central-3) v/s Abhisar Build well Pvt. Ltd.

Posted by Vivek Jalan 02 September 2023 3105 Views

Instruction regarding implementation of the judgment of the Hon’ble Supreme Court in the case of Pr. CIT (Central-3) v/s Abhisar Build well Pvt. Ltd. (Civil Appeal No. 6580 of 2021)

ITR missed for AY 2023-24? File belated ITR

Posted by CS Lalit Rajput 31 August 2023 8481 Views

The Income Tax Act, 1961, allows taxpayers to file a belated income tax return if they miss the original deadline for filing their returns. The belated return provision is covered under Section 139(4) of the Income Tax Act.

PAN Card Forms

Posted by Mitali 30 August 2023 10868 Views

PAN serves as a crucial identification tool for various financial transactions and is used to track taxpayers and their financial activities.

FAQs on Taxation of Capital Gains

Posted by Shivani 29 August 2023 6312 Views

Decoding FAQs on Taxation of Capital Gains

FAQs on Tax Deducted at Source (TDS)

Posted by Mitali 29 August 2023 3336 Views

FAQs on Tax Deducted at Source (TDS)

Essential Documents and Procedures for Income Tax Audit: A Simplified Guide

Posted by Rashmi 29 August 2023 16267 Views

For income tax audit purposes, individuals with business or professional income must maintain specific documents to ensure accurate reporting and prevent tax evasion. This helps the government collect revenue fairly and scrutinize complex financial transactions.