Income Tax Articles

TDS & TCS on Goods: Understand the Differences

Posted by CA. Arpan Jain 18 June 2021 12964 Views

Confused about TDS u/s 194Q and TCS u/s 206C(1H)? Learn the key differences, thresholds, and when each applies to your purchases and sales.

TDS on Goods Purchases: Section 194Q Explained

Posted by CA Sudhir Halakhandi 07 December 2023 18405 Views

Understand TDS u/s 194Q for goods purchases. Learn who deducts, when, at what rate, and deposit deadlines. Avoid penalties.

Cost Inflation Index: Understand Your Capital Gains Tax

Posted by Neethi V. Kannanth 18 June 2021 2515 Views

Learn what the Cost Inflation Index (CII) is and how it affects your capital gains tax. Discover the formula and find CII values for tax calculations.

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

Posted by CA Harshal Jain 18 June 2021 13520 Views

Compare Section 194Q (TDS on purchase) and Section 206C(1H) (TCS on sale) of the Income Tax Act. Understand applicability, rates, and key differences.

New Income Tax Returns AY 2021-22: Key Changes Explained

Posted by CA Sapna Ghelani 25 June 2021 18031 Views

Discover the significant changes in Income Tax Returns for AY 2021-22, including ESOPs, dividend tax, and new tax regimes. Learn about extended due dates.

Income Tax E-filing 2.0: Problems & Solutions

Posted by Soumya Laha 18 June 2021 14573 Views

Facing issues with the new Income Tax e-filing portal? Discover common problems like email registration, DSC re-registration, and slow performance, plus potential solutions.

Rent Free Accommodation Taxability Rules Explained

Posted by Ritik Chopra 16 June 2021 18093 Views

Understand the taxability of rent-free accommodation provided by employers. Learn what's included in salary and how accommodation value is calculated.