Income Tax Articles

Section 194Q TDS on Purchase of Goods: Your FAQs Answered

Posted by PRIYANKA GUPTA 22 March 2021 11912 Views

Understand Section 194Q TDS on purchase of goods. Find answers to common questions about buyer liability, deduction timing, rates, and thresholds.

Income Tax Act: Sections 36(1)(va) & 43B Explained

Posted by Anmol 22 March 2021 8807 Views

Understand the crucial differences and interplay between Section 36(1)(va) and Section 43B of the Income Tax Act regarding employee contributions and welfare funds.

CBDT Notifications & Circulars: August 2020 Updates

Posted by SAGAR MALHOTRA 21 March 2021 2436 Views

Stay informed with the latest CBDT notifications and circulars from August 2020. Discover updates on faceless assessments, tax exemptions, and more.

Gifts & Tax: Understanding Section 56(2)(X) of IT Act

Posted by CA Santhosh Gupta Kethepalli 20 March 2021 13580 Views

Learn how Section 56(2)(X) of the IT Act, 1961, taxes gifts. Discover exemptions and what constitutes taxable property. Get informed now!

Section 206AA: Mandatory PAN for Tax Deductions

Posted by CA.R.S.KALRA 18 March 2021 2393 Views

Understand Section 206AA's mandatory PAN requirement for tax deductions. Learn the consequences of non-compliance and potential relaxations for non-residents.

Capital Gains Tax: Your March 31st Deadline Checklist

Posted by JINESH MEHTA 18 March 2021 13290 Views

Navigate capital gains tax before March 31st. Learn about short & long-term rates, loss set-offs, and essential tax planning actions to minimise your liability....

Section 203A: Tax Deduction & Collection Account Number

Posted by CA.R.S.KALRA 17 March 2021 8189 Views

Learn about Section 203A, the Tax Deduction and Collection Account Number (TAN). Find out who needs it, when to apply, and where to quote your TAN.

UK Income Tax Amendments Since 2019: Key Changes

Posted by CS Lalit Rajput 17 March 2021 11111 Views

Discover crucial UK Income Tax amendments since 2019. Learn about corporate tax rate cuts, MAT reductions, and CSR spending expansions. Read more now!