Income Tax Articles

File Income Tax Returns with Expert Preparers

Posted by Ritik Chopra 15 November 2021 7079 Views

Discover how to file your Income Tax Returns easily with authorised Tax Return Preparers in India. Learn about their duties, qualifications, and fees.

Is Interest on MACT Compensation Taxable Income?

Posted by FCS Deepak Pratap Singh 16 November 2021 2777 Views

Discover if interest on compensation awarded by a Motor Accident Claims Tribunal is considered taxable income. Learn about the court's ruling and relevant tax provisions.

AIS & TIS Explained: Your Tax Information Guide

Posted by Ajay Kumar Maggidi 16 November 2021 35110 Views

Understand the new AIS & TIS from the Income Tax Department. Access your financial transactions, submit feedback, and ensure accurate ITR filing.

Slump Sale: Holding Co. Receiving Funds from Subsidiary

Posted by FCS Deepak Pratap Singh 14 November 2021 4766 Views

Discover if sums received from a subsidiary by a holding company under a High Court-approved scheme are considered a 'slump sale' for tax purposes. Learn more.

Depreciation on Acquired Goodwill: Income Tax Act 1961

Posted by FCS Deepak Pratap Singh 12 November 2021 7765 Views

Discover if depreciation on acquired goodwill is allowable under the Income Tax Act 1961. Learn about intangible assets and key Supreme Court rulings.

Section 80EEB: Tax Deduction on Electric Vehicle Loans

Posted by Mohit Mishra 27 May 2024 5671 Views

Claim tax deductions on interest paid for electric vehicle loans under Section 80EEB. Learn eligibility, deduction limits, and how to save on your EV purchase.

Income Tax Search & Seizure: Incriminating Material & Undisclosed Income

Posted by CA.Mohit Gupta 12 November 2021 1875 Views

Understand Income Tax search and seizure powers. Learn about lawful grounds for authorisation, finding incriminating material, and uncovering undisclosed income.

TDS/TCS for Non-Filers: Sections 206AB & 206CCA Explained

Posted by CA.R.S.KALRA 13 November 2021 6174 Views

Understand Sections 206AB & 206CCA. Learn about higher TDS/TCS rates for non-ITR filers and how to avoid penalties. Get the facts now!

Annual Information Statement (AIS): Your Guide

Posted by Susmita Dutta, CA , CPA 13 November 2021 3245 Views

Understand the new Annual Information Statement (AIS) from the Income Tax Department. View, report, and correct your financial information easily online.