Income Tax Articles

TDS on Purchase of Goods: New Section 194Q Explained

Posted by CA Umesh Sharma 24 June 2021 4165 Views

Understand TDS on purchase of goods under Section 194Q effective July 1, 2021. Learn thresholds, rates, and buyer obligations.

Advance Income Tax: Pay As You Earn & Avoid Penalties

Posted by CCI Team 21 June 2021 5665 Views

Understand Advance Income Tax (AIT) in the UK. Learn about its purpose, benefits, due dates, and penalties for late payment. Pay your tax in instalments.

Income Tax Act: New TDS Rules from July 1, 2021

Posted by CAJayprakash Pandey 21 June 2021 2664 Views

Understand stringent Income Tax Act provisions effective July 1, 2021, including TDS on goods purchase (Sec 194Q). Learn buyer/seller obligations & implications.

Development Agreement Tax: Stamp Duty Valuation Impact

Posted by CA Nitesh Mukadam 21 June 2021 2377 Views

Understand how stamp duty valuations impact taxation on development agreements. Learn about FSI, Section 50C, 43CA, and GST implications.

New TDS Rules from July 1st, 2021: Section 194Q & 206AB

Posted by Kowsalya 21 June 2021 4237 Views

Understand new TDS rules from July 1st, 2021. Learn about Section 194Q for buyers and Section 206AB for non-filers. Get compliant now!

Section 194Q: TDS on Goods Purchase Explained

Posted by Ajay 21 June 2021 2997 Views

Understand Section 194Q of the Income Tax Act. Learn about TDS on goods purchase, buyer liability, thresholds, rates, and exemptions. Get your questions answered.

Fixing New Income Tax E-Filing Portal Glitches

Posted by Mayank Mohanka 21 June 2021 9218 Views

Urgent remedial measures needed for new income tax e-filing portal glitches. Learn about issues like slow processing, inactive tabs, and missing forms.

TDS vs TCS: Section 194Q vs 206C(1H) Explained

Posted by CA CMA Piyush Taurani 21 June 2021 11896 Views

Understand the differences between TDS under Section 194Q and TCS under Section 206C(1H). Learn who deducts/collects, rates, and applicability.

Valuing Company Car Perquisites for Employees

Posted by Ritik Chopra 15 December 2021 24433 Views

Understand how company car perquisites are valued for tax purposes. Learn about official vs. private use and how your employer's contributions are taxed.