Income Tax Articles

Section 194IA | TDS on Purchase of Immovable Property

CA.R.S.KALRA 25 January 2021 at 09:45

Discussing Section 194IA of the Income Tax Act, which deals with the TDS on Purchase of Immovable Property including its meaning, rate of TDS, exceptions and practical illustrations.

International Taxation: Relief from double taxation

CA Mehul Thakker 23 January 2021 at 14:47

Double taxation generally means taxation of same income of a person in more than one country. The main reason behind double taxation is that countries across the world different rules for taxing income.

Section 194IB | TDS on Rent of Property

CA.R.S.KALRA 23 January 2021 at 14:46

Discussing Section 194IB of the Income Tax Act, which deals with the TDS on Rent of Property including its meaning, persons responsible to deduct tax, rate of TDS and practical illustrations on the same.

How to Calculate the Taxable Income on Salary?

M Venkat 22 January 2021 at 15:06

Discussing Section 15 and 17(1) of the Income Tax Act which lays down provisions for calculation of taxable income on salary in the new and old tax regime.

Section 194I | TDS on Rent

CA.R.S.KALRA 22 January 2021 at 10:42

Discussing Section 194I of the Income Tax Act, which lays down provisions for TDS on Rent, including its meaning, payment covered, rate of tax and exemptions to the provision.

Section 194H | TDS on Commission and Brokerage

CA.R.S.KALRA 22 January 2021 at 10:42

In this article, we discuss Section 194H of the Income Tax Act which deals with TDS on Commission and Brokerage including its applicability, rate of TDS, and major judicial pronouncements.

Cash Restrictions on Charitable Trusts

CA.R.S.KALRA 21 January 2021 at 09:10

A charitable or religious institution has substantial source of receipts in form of donations

Section 194G | TDS on Commission on Sale of Lottery Tickets

CA.R.S.KALRA 21 January 2021 at 09:04

Discussing Section 194G of the Income Tax Act, which deals with TDS on Commission on Sale of Lottery Tickets, including its meaning, eligibility, TDS Rate, Time Period and Threshold Limit.

Section 194EE | TDS on Payments in respect of Deposit under National Savings Scheme

CA.R.S.KALRA 21 January 2021 at 09:04

Understanding Section 194EE of the Income Tax Act -TDS on payments in respect of deposit under National Savings Scheme , Person responsible to deduct Tax,Rate of TDS,Time period and the limit applicable.

Cash transactions in agriculture sector

CA.R.S.KALRA 20 January 2021 at 11:36

This article explains the applicability of provisions of Section 40A(3),269ST,269SS,Section 194N and Section 269T in respect of Kachha Arahtia and Pacca Arahtia.