Discover extended tax deadlines for Income Tax penalty, assessment, re-assessment, and Benami Act actions. Find out the new crucial dates.
In some cases, income is taxed in the same year in which it is earned and so in these exceptional cases a previous year will also function as an assessment year. Let us discuss those exceptions.
Learn how to make income tax payments online using Net-banking or Debit card. Discover the process, required challans, and what to do if you lose your counterfoil.
Understand how to determine your residential status for Indian Income Tax. Learn the conditions for being a resident, ordinary resident, or non-resident.
Section 115BAD was introduced to provide the benefit of a lower tax rate to Resident Cooperative Societies. It is applicable for any PY relevant to the AY beginning on or after 01.04.2021.
The CBDT has extended the Vivad se Vishwas scheme deadlines. Discover the new dates for filing declarations and making payments.
Understand Section 194M TDS for individuals & HUFs. Learn deduction rates, thresholds, and obligations for contract work, commission, and professional fees.
Understand Section 44ADA for presumptive taxation. Discover eligibility, how it simplifies tax for professionals, and its benefits.
Understand TDS u/s 194Q on purchase of goods. Learn who deducts tax, the rate, and when it applies. Get clarity on this budget provision.
Understand 'dumb documents' seized in IT search actions. Learn why they often lack tax liability without corroborating evidence. Get the facts.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English