Income Tax Articles

Taxability of Income in Absence of Article 15

Posted by Paras mehra 21 April 2021 8725 Views

IF A PERSON IS NON RESIDENT IN BOTH THE STATES! WHERE TO TAX THE INCOME?By Paras Mehrawww.Quickcompany.in I am Paras Mehra, a Chartered Accountant. Co-founder of Quickcompany.in Many external people seek advice from me, I have been only a start up in

Section 57 Deductions: Reduce Your Taxable Income

Posted by Ritik Chopra 21 April 2021 70947 Views

Discover deductions under Section 57 to lower your 'Income from Other Sources'. Learn about allowable expenses for dividends, machinery letting, and more.

Section 71: Set-Off Losses Across Income Heads

Posted by Ritik Chopra 21 April 2021 11251 Views

Understand Section 71: How to set off losses across different income heads in the same assessment year, with key exceptions explained.

High-Value Transactions: What the Taxman Needs to Know

Posted by CA Sapna Ghelani 21 April 2021 26955 Views

Discover which high-value financial transactions the Income Tax Department tracks. Learn about reporting thresholds and how it aids tax compliance.

Sec 80EE, 80EEA & 80EEB: Home & EV Loan Tax Deductions

Posted by Ritik Chopra 21 April 2021 11491 Views

Understand tax deductions for home loans (Sec 80EE, 80EEA) and electric vehicle loans (Sec 80EEB). Learn eligibility and claim your savings.

New Slab Rates AY 2021-22: Section 115BAC Explained

Posted by Sahil Dhingra 19 April 2021 9557 Views

Understand the new concessional tax slab rates under Section 115BAC for AY 2021-22. Discover conditions, benefits, and how to opt-in.

TDS on E-Commerce Transactions: Section 194-O Explained

Posted by Suyash Tripathi 19 April 2021 8884 Views

Understand TDS on e-commerce transactions under Section 194-O of the Income Tax Act. Learn rates, exemptions, and penalties for sellers and operators.

TDS Obligations: Your Guide to Tax Deductee Duties

Posted by Aruhi 17 April 2021 2762 Views

Understand your TDS obligations as a deductee. Learn how to furnish PAN, claim lower deductions, and check your tax credit via Form 26AS.

E-Verify ITR Easily: Your Quick Guide

Posted by Suhasini

17 April 2021 3238 Views

Discover simple ways to e-verify your Income Tax Return (ITR) without sending ITR-V. Learn about Aadhaar OTP, Net Banking, Bank Account, Demat Account & ATM methods.

Section 50C Income Tax Act: Latest Rulings & Safe Harbour

Posted by CA KANJ GOEL 17 April 2021 6226 Views

Understand Section 50C of the Income Tax Act, its history, and recent rulings. Learn about the safe harbour rule and its implications for property transactions....