Income Tax Articles


TDS on Professional & Technical Fees: Section 194J Explained

Posted by CA.R.S.KALRA 10 February 2021 19812 Views

Understand Section 194J TDS on professional and technical fees. Learn rates, limits, and who needs to deduct tax. Get informed now!



Section 194Q: TDS on Goods Purchase Explained

Posted by Kowsalya 07 February 2021 11054 Views

Understand Section 194Q TDS on goods purchase. Learn who's liable, rates, applicability, and when it prevails over TCS. Get the facts now!



Understanding TDS Section 194Q & TCS Section 206C(1H)

Posted by CA Niyati Soni 07 February 2021 15075 Views

Learn about TDS Section 194Q and TCS Section 206C(1H) in India. Understand buyer & seller obligations for goods exceeding ₹50 Lakhs.



Digital Payments: Lower Income Tax Rates & Business Incentives

Posted by CA.R.S.KALRA 07 February 2021 1688 Views

Discover incentives for cashless transactions! Learn how digital payments can lower your business's presumptive income tax rate to 6% and boost your savings.



Union Budget 2021: Real Estate Sector Amendments

Posted by CMA Ramesh Krishnan 07 February 2021 4074 Views

Discover how the Union Budget 2021 amendments to Sections 43CA and 56(2)(x) impact real estate transactions and property transfers.



194Q vs 206C(1H): TDS vs TCS on Goods Purchases

Posted by CA Preksha Choraria 07 February 2021 31725 Views

Understand the differences between Section 194Q (TDS on goods purchase) and 206C(1H) (TCS on goods sale) under the Income Tax Act, 1961. Clarify applicability for businesses.



Unfiled Tax Returns? Higher TDS/TCS Rates Apply

Posted by CMA Ramesh Krishnan 05 February 2021 7743 Views

Haven't filed your income tax returns? New rules mean higher TDS/TCS deductions from July 1st, 2021. Find out if you're affected.



Section 40A(3/3A) Rules: Cash Payment Limits & Disallowance

Posted by CA.R.S.KALRA 05 February 2021 27292 Views

Understand Section 40A(3/3A) limits on cash payments over £10,000. Learn about disallowance rules for business expenditure and capital assets.



Income Tax Act 1961: Sections 145, 145A, 145B Explained

Posted by CA Sapna Ghelani 05 February 2021 42769 Views

Understand Sections 145, 145A, and 145B of the Income Tax Act, 1961. Learn about accounting methods, inventory valuation, and income taxability.



TDS Section 194IC: Joint Development Agreements Explained

Posted by CA.R.S.KALRA 03 February 2021 9465 Views

Understand TDS under Section 194IC for Joint Development Agreements. Learn who deducts tax, rates, and when it applies. Get the facts now!




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