Income Tax Articles


Section 234D: Interest on Excess Income Tax Refunds

Posted by Neethi V. Kannanth 24 August 2021 6090 Views

Understand Section 234D: Learn about interest charges on excess refunds returned to the government after regular assessment. Get the facts.



Gratuity Act 1972 vs Social Security Code 2020

Posted by Tikaram Chaudhary 24 August 2021 2416 Views

Understand the key differences between the Gratuity Act 1972 and the Social Security Code 2020, effective from April 1st, 2021. Learn about changes in gratuity provisions.



TDS on Insurance Commission: Section 194D Explained

Posted by FCS Deepak Pratap Singh 21 August 2021 4746 Views

Understand Section 194D TDS on insurance commission. Learn tax rates, deduction times, and when TDS is not applicable. Get informed now!



ITR Filing: Key Checks for FY 2020-21

Posted by FCS Deepak Pratap Singh 21 August 2021 7109 Views

Ensure a smooth ITR filing for FY 2020-21. Discover essential checks including PAN-Aadhaar linking, Form 16, and capital gains.



TDS Section 194A - TDS on interest other than interest on securities

Posted by CA Himanshu Gandotra 20 August 2021 16622 Views

Section 194A covers provisions relating to deduction of TDS on interest other than interest on securities credited or paid by any person other than an individual or HUF to any resident, or an individual or HUF covered u/s 44AB(a)/(b).



Telecommunication License Expenditure: Deductions & Tax Rules

Posted by Ritik Chopra 18 August 2021 7291 Views

Understand deductions for telecommunication license expenditure under Section 35ABB. Learn about capital expenditure, transfer rules, and tax implications.



Deemed Profits Explained: Section 41 Income Tax

Posted by Ritik Chopra 18 August 2021 37534 Views

Understand Section 41: Deemed Profits. Learn about deductions recovered, balancing charges, bad debts, and special reserves. Get tax clarity now.



TDS on Cash Withdrawal: Section 194N Explained

Posted by CA.R.S.KALRA 18 August 2021 15125 Views

Understand Section 194N TDS on cash withdrawals from banks & post offices. Learn rates, limits, and exemptions for FY 2021-22.



Cash Transactions Alert: Avoid IT Notices

Posted by CS Lalit Rajput 18 August 2021 23395 Views

Discover 5 high-value cash transactions that can trigger an Income Tax notice. Stay informed and avoid penalties by knowing the limits.



Section 44AA: Account Keeping for Businesses & Professions

Posted by Ritik Chopra 18 August 2021 10559 Views

Understand Section 44AA's rules for maintaining accounts for businesses and professions. Discover thresholds and requirements for tax compliance.




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