Income Tax Articles

Remuneration to Partners: Disallowed by AO?

Posted by FCS Deepak Pratap Singh 13 October 2021 1576 Views

Understand if an Assessing Officer can disallow increased partner remuneration when authorised by a Partnership Deed and within statutory limits.

Commissioner's Power: Revise CIT(A) Matters? Sec 263/264

Posted by FCS Deepak Pratap Singh 13 October 2021 1416 Views

Understand the Commissioner's powers under Sections 263 & 264 of the Income Tax Act regarding revising matters before the CIT (Appeals). Learn what's possible.

Tax on Converting Self-Occupied Property to HUF

Posted by FCS Deepak Pratap Singh 13 October 2021 2256 Views

Understand the tax implications of converting your self-occupied property into a Joint Family (HUF) asset. Learn about Section 64(2) and the Doctrine of Blending.

Dividend Taxability AY 21-22: What You Need to Know

Posted by Varsha Nayyar 13 October 2021 15021 Views

Understand how dividend income is taxed from AY 21-22. Learn about shareholder liability, TDS, and eligible deductions. Get informed now!

ITR 6 Changes AY 2021-22: Key Updates for Companies

Posted by Neethi V. Kannanth 13 October 2021 5422 Views

Discover the key changes in ITR 6 for AY 2021-22. Learn about updated thresholds, removed sections, and new reporting requirements for companies. Read now!

Form 35 for CIT(A) Appeals: Rule 45 Explained

Posted by Sahil Dhingra 11 October 2021 8905 Views

Learn how to file an appeal to the Commissioner (Appeals) using Form 35 as per Rule 45 of the Income Tax Rules. Discover electronic and paper filing methods.

New Income Tax Portal: Side Effects of Glitches

Posted by CA Umesh Sharma 08 October 2021 12112 Views

Discover the side effects of the new Income Tax portal's poor functioning, including extended deadlines, delayed filings, and impacts on businesses and tax consultants.

Sukanya Samriddhi Yojana: Tax Benefits Explained

Posted by Taxblock 08 October 2021 3531 Views

Discover the tax benefits of the Sukanya Samriddhi Yojana scheme. Learn about deductions, interest exemptions, and maturity benefits for your daughter's future....

Loans Explained: Types & Tax Benefits for Individuals & Business

Posted by Taxblock 08 October 2021 2951 Views

Discover different types of personal and business loans, including wedding, medical, and education loans. Learn about available tax benefits on loans.