Income Tax Articles

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

Posted by CA Sapna Ghelani 25 June 2021 18017 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.

TDS on Purchase of Goods: New Section 194Q Explained

Posted by CA Umesh Sharma 24 June 2021 4159 Views

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

New TDS Rules 2021: Finance Bill & Audit Impact

Posted by shweta v. agrawal 24 June 2021 8297 Views

Understand new TDS/TCS sections from Finance Bill 2021 (194Q, 206AB, 206CCA, 194P) and their crucial audit implications. Stay compliant.

TDS on Immovable Property for NRIs: Lower Deduction Certificate

Posted by Manish Gupta 24 June 2021 7533 Views

NRIs selling property in India? Learn about TDS on immovable property and how a Lower Deduction Certificate can save you time and money. Apply now!

Income Tax Circular 206AB/206CCA: Legal Consistency Check

Posted by CA Tejas Andharia 24 June 2021 7195 Views

Examines if the Income Tax circular on sections 206AB & 206CCA aligns with legal provisions. Discover inconsistencies and potential issues for taxpayers.

Section 194Q vs 206C(1H): Which Tax Applies?

Posted by CA Pooja Dhoot 24 June 2021 19102 Views

Understand when Section 194Q (TDS) or 206C(1H) (TCS) applies to your business transactions. Learn the thresholds and rates.

Finance & Tax News: 19th-26th Dec 2020 Updates

Posted by CCI Team 24 June 2021 8771 Views

Stay updated with the latest finance and tax news from 19th-26th Dec 2020. Get key updates on Income Tax, Indirect Tax, MCA, and more.

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

Posted by CA CMA Piyush Taurani 21 June 2021 11888 Views

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

Fixing New Income Tax E-Filing Portal Glitches

Posted by Mayank Mohanka 21 June 2021 9216 Views

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

Section 194Q: TDS on Goods Purchase Explained

Posted by Ajay 21 June 2021 2974 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.