Income Tax Articles

What Constitutes Salary Income?

Posted by vidyasagar 17 April 2021 47334 Views

Income from Salary WHAT CONSTITUTES SALARY INCOME?"Salary" is the remuneration received by or accruing periodically to an individual for service renderedas a result of expressed or implied contract.Compensation or remuneration even in the f

Deemed Dividend Section 2(22)(e): Loans & Advances Explained

Posted by Neethi V. Kannanth 16 April 2021 10600 Views

Understand Section 2(22)(e) of the Income Tax Act regarding deemed dividends. Learn when loans to shareholders are taxed and exclusions.

Form 3CD Tax Audit Report Changes AY 2021-22

Posted by CA Sapna Ghelani 15 April 2021 73234 Views

Discover key changes to Form 3CD tax audit reports for AY 2021-22, including revised reporting for Section 43B, new tax regimes, and goodwill depreciation. Learn more!

Charitable Trust Renewal & Finance Bill Changes Explained

Posted by CA CMA Pratibha Bothra 15 April 2021 2801 Views

Understand new rules for charitable institution registration and renewal. Discover key Finance Bill amendments affecting trusts and tax.

Deemed Dividend -Section 2(22)(e) of Income Tax Act 1961

Posted by deepak K Gujrati 15 April 2021 548643 Views

Deemed Dividend -Section 2(22)(e) of Income Tax Act 1961Loans & Advances to Directors and Family members of Closely held CompaniesPrivate Limited Companies generally give Loan or Advance to their director and family members who are again shareho

27 FAQs on Tax Deduction and Collection Account Number (TAN)

Posted by Harish Chandra 13 April 2021 10005 Views

Tax Deduction and Collection Account Number (TAN) Frequently Asked Questions and Answers (FAQs)

Analysis | Domestic Transfer Pricing

Posted by Bhanu Prakash Rao 13 April 2021 137945 Views

Domestic Transfer pricing Widening of scope of Section 40A(2), Transfer Pricing regulations to apply to domestic transactions, (Applicable for the AY 2013-14) Under Section 40A(2) of Income Tax Act, 1961 in case of any transaction with a rela

Section 50D: Fair Market Value for Capital Gains Tax

Posted by FCS Deepak Pratap Singh 12 April 2021 3667 Views

Understand Section 50D of the Income Tax Act. Learn how Fair Market Value is used for capital gains when sale consideration is unascertainable. Read now!