Income Tax Articles

Income Tax Appeals: Monetary Limits & Consequences

Posted by FCS Deepak Pratap Singh 09 December 2021 3995 Views

Understand the consequences of not filing income tax appeals when the tax effect is below prescribed monetary limits. Learn about CBDT instructions and judicial interpretations.

Start an E-commerce Business: Guide & Compliance

Posted by Taxblock 07 December 2021 3396 Views

Learn how to launch your e-commerce venture in India. Discover website vs. marketplace options and essential financial & tax compliances like GST.

Save Money Without Investment: Tax Deductions Explained

Posted by Taxblock 07 December 2021 7038 Views

Discover how to reduce your tax burden with deductions for child education, home loan interest, HRA, and senior citizen medical expenses. Learn more!

Fantasy Game Winnings Tax in India: What You Need to Know

Posted by Taxblock 07 December 2021 5344 Views

Understand how fantasy game winnings are taxed in India. Learn about tax rates, deductions, and TDS implications under the Income Tax Act, 1961.

Understanding Form 26AS: Your Tax Credit Statement

Posted by Taxblock 07 December 2021 2078 Views

Discover what Form 26AS is, its structure, and how to download it. Essential for accurate income tax filing in the UK.

Reopening Assessments: Can a Change of Opinion Justify It?

Posted by FCS Deepak Pratap Singh 05 December 2021 7978 Views

Discover if an Assessing Officer can reopen tax assessments solely based on a change of opinion. Learn about legal precedents and conditions for reassessment.

TDS/TCS Guidelines: Sections 194-O, 194Q & 206C

Posted by Shree 03 December 2021 15185 Views

Understand TDS/TCS rules under Sections 194-O, 194Q & 206C. Learn about e-commerce operators, sellers, and buyers' obligations with CBDT guidelines.

Section 115BAC: New Optional Income Tax System Explained

Posted by CA Alexandar Gazi 02 December 2021 17324 Views

Understand Section 115BAC, the optional new income tax system for individuals and HUFs in India. Learn about tax rates, deductions, and how to opt-in.

December 2021 Tax Compliance Calendar: Deadlines & Forms

Posted by CA. Mohit Kumar 02 December 2021 6424 Views

Stay compliant this December 2021! Find key tax deadlines for Income Tax, GST, PF, ESI, and Companies Act. Avoid penalties by meeting these crucial dates.