Income Tax Articles

Rule 8AC: Capital Gains & Goodwill Explained

Posted by Neethi V. Kannanth 20 July 2021 9328 Views

Understand Rule 8AC of the Income Tax Rules 1962. Learn how it affects short-term capital gains and written down value on goodwill.

TDS Rate Chart FY 2021-22: Your Essential Guide

Posted by CA.R.S.KALRA 20 July 2021 37141 Views

Understand TDS rates for FY 2021-22 in India. Find out deduction limits and percentages for various payments like salary, rent, contracts, and more.

Income Tax Reassessment: Section 148 Notices Explained

Posted by CA Umesh Sharma 20 July 2021 2346 Views

Understand the validity of Section 148 reassessment notices under the Income Tax Act. Learn about changes from the Finance Act 2021 and recent legal challenges....

Section 194P: Senior Citizen ITR Filing Exemption

Posted by CS Tanveer Singh Saluja 21 July 2021 9381 Views

Discover Section 194P: Learn how specified senior citizens can be exempt from filing Income Tax Returns (ITR) with TDS deducted by their bank.

TDS on Purchase of Goods: Section 194Q Explained

Posted by Ishita Ramani 21 July 2021 8039 Views

Understand TDS on purchase of goods under Section 194Q. Learn applicability, rates, and deadlines for businesses in the UK. Stay compliant!

Revalidate 12A & 80G Registration: UK Charities

Posted by Neethi V. Kannanth 13 January 2022 13024 Views

Charitable institutions in India must revalidate 12A & 80G registrations. Learn the process, required documents, and deadlines to maintain tax exemptions.

Cash Payment Exceptions to Income Tax Act Section 40A(3)

Posted by Ritik Chopra 21 July 2021 11357 Views

Discover exceptions to Section 40A(3) of the Income Tax Act for cash payments. Learn when exceeding limits is permissible. Read now!

CBDT Circular on TDS on Purchase of Goods u/s 194Q Explained

Posted by Mayank Mohanka 14 July 2021 18513 Views

Understand CBDT's Circular 13 of 2021 on TDS for goods purchases (s.194Q). Learn practical examples and key clarifications for buyers and sellers.

No TDS u/s 194J on Payments for Software Purchase

Posted by CA AMIT KUMAR SHARMA 30 March 2023 239824 Views

As Per notification no. 21/2012 dated 13.06.2012 no deduction of tax shall be made on certain payments by a person for the acquisition of software from another person.