Income Tax Articles

Section 94: Bond Washing Transactions

Posted by Ritik Chopra 14 May 2021 62970 Views

A bond washing transaction can be defined as a transaction where some securities are sold sometime before the due date of Interest and reacquired after the due date is over. In order to discourage such transactions Section 94 was introduced.

File Belated ITR for FY 19-20: Step-by-Step Guide

Posted by CAJayprakash Pandey 14 May 2021 3417 Views

Missed the ITR deadline for FY 19-20? Learn how to file a belated Income Tax Return, understand penalties, and the benefits of timely filing.

Tax Savings Tips: Reduce Your Tax Outgo Effectively

Posted by CAJayprakash Pandey 14 May 2021 2804 Views

Discover essential tax savings tips to reduce your tax outgo. Learn about deductions, allowances, and strategies to keep more of your hard-earned money.

Income Tax Return Due Dates: File Your ITR On Time

Posted by Sagar Devani 14 May 2021 17222 Views

Discover the crucial due dates for filing your Income Tax Return (ITR). Avoid penalties by filing on time. Find out your specific deadline here.

TDS Challan Cum Returns: A Simple Guide

Posted by CAJayprakash Pandey 14 May 2021 2474 Views

Understand TDS Challan cum Returns for property, rent, and professional payments. Learn how to file Form 26QB, 26QC, and 26QD easily.

Covid Cash Payment Relief for Hospitals: Section 269ST

Posted by CA Umesh Sharma 13 May 2021 1352 Views

Find out about the Section 269ST relief for Covid patients, allowing hospitals to accept cash payments over Rs. 2 Lakhs. Learn the conditions and dates.

Old vs New Tax Regime: Which is Right for You?

Posted by CAJayprakash Pandey 13 May 2021 16788 Views

Compare the old and new tax regimes to find the best option for your tax savings. Understand deductions, exemptions, and tax rates.

Apply for Lower Tax Deduction Certificate Online

Posted by Neethi V. Kannanth 13 May 2021 8417 Views

Learn how to apply for a Lower Tax Deduction Certificate (Form 13) online via the TRACES portal. Reduce your TDS with this simple guide.

New vs Old Tax Scheme: Which is Better for You?

Posted by prerna 13 May 2021 8927 Views

Compare the new and old tax schemes under the IT Act. Understand tax slabs, deductions, and rebates to make an informed decision.

New Trust Registration Rules: Income Tax Act Explained

Posted by Manish Harchandani 13 May 2021 9865 Views

Understand the new provisions for registering trusts under Sections 12A and 12AB of the Income Tax Act. Learn about application procedures, deadlines, and validity.