Income Tax Articles

Demerger Expenses Allowed to Resulting Company: Sec 35DD

Posted by FCS Deepak Pratap Singh 17 February 2022 6240 Views

Discover how the Delhi High Court ruled that demerger expenses under Sec 35DD are allowable to the resulting company, easing corporate restructuring.

Self Assessment & Enquiry Before Tax Assessment Explained

Posted by Neethi V. Kannanth 16 February 2022 4739 Views

Understand Self Assessment (Sec 140A) and Enquiry Before Assessment (Sec 142) under Income Tax. Learn your obligations and the AO's powers. Read now!

Income Tax Assessments: Summary vs Regular

Posted by Neethi V. Kannanth 15 February 2022 8242 Views

Understand Summary Assessment (Sec 143(1)) and Regular Assessment (Sec 143(3)) for income tax. Learn about adjustments, time limits, and your rights.

Housing Loans & EMIs: A Smart Financial Guide

Posted by CA Ranganatha Achar K 14 February 2022 3884 Views

Understand housing loans and EMIs. Learn how to manage your finances wisely and make informed decisions about homeownership. Read our expert tips.

Crypto Tax India: Decoding 2022 Budget Implications

Posted by CA Jigar Shah 11 February 2022 6925 Views

Understand the new 30% tax on crypto and NFTs in India from the 2022 budget. Learn about TDS, loss set-off, and expense deductions.

Virtual Digital Asset Tax: What You Need to Know

Posted by CA Keyur Somani 09 February 2022 6758 Views

Understand the taxation of Virtual Digital Assets (VDAs) in India. Learn about the 30% tax rate, allowable deductions, and TDS implications under the Finance Bill 2022.

Non-Refundable Grants: Capital Expenditure or Deductible Expense?

Posted by FCS Deepak Pratap Singh 08 February 2022 2886 Views

Explore whether non-refundable grants are capital expenditure or deductible expenses. Understand the Supreme Court's ruling in the NCDC vs. CIT case.

New TDS on Perks: What Business Owners Need to Know

Posted by Mayank Mohanka 07 February 2022 7281 Views

Understand the new TDS on perks (Section 194R) from Budget 2022. Learn who it affects, thresholds, and how it impacts your business. Read now!

DTAA Applicability: Understanding Your Tax Obligations

Posted by FCS Deepak Pratap Singh 04 February 2022 3039 Views

Learn about Double Taxation Avoidance Agreements (DTAA) and how they affect your tax liability in India. Discover if you need to pay tax on income earned in India.

Revisional Authorities: Protecting Revenue & Assessee Interests

Posted by CA. Pushp Kumar Sahu 04 February 2022 1729 Views

Discover the vital role of revisional authorities in tax laws. Learn how they safeguard revenue and protect assessees from unjust orders under Income Tax and GST.