Income Tax Articles

Cash Restrictions on Charitable Trusts: What You Need to Know

Posted by CA.R.S.KALRA 20 July 2021 63520 Views

Understand cash donation limits for donors and trusts under Section 80G & 115BBC. Learn about restrictions on expenditure and how they affect charitable and religious institutions.

TDS on Lottery Ticket Commission: Section 194G Explained

Posted by CA.R.S.KALRA 21 January 2021 2877 Views

Understand Section 194G TDS on commission for lottery tickets. Learn deduction rates, threshold limits, and when tax must be deducted.

TDS on National Savings Scheme Payments: Section 194EE

Posted by CA.R.S.KALRA 21 January 2021 2782 Views

Understand Section 194EE for TDS on National Savings Scheme payments. Learn when to deduct tax, rates, and exemptions, including thresholds and payments to heirs.

Cash Transactions in Agriculture: Rules & FAQs

Posted by CA.R.S.KALRA 19 July 2021 17782 Views

Understand cash payment rules for agricultural produce in India. Learn about Section 40A(3), 269ST, and differences between kachha and pacca arahtias.

TDS on Payments to Non-Resident Sportsmen: Section 194E

Posted by CA.R.S.KALRA 20 January 2021 3332 Views

Understand TDS under Section 194E for payments to non-resident sportsmen, entertainers, and sports associations in India. Learn deduction rates and timings.

Deferred Tax Assets & Liabilities Explained

Posted by Neethi V. Kannanth 20 January 2021 19116 Views

Understand deferred tax assets and liabilities. Learn how timing differences impact your tax obligations and financial statements.

TDS on Life Insurance Policy: Section 194DA Explained

Posted by CA.R.S.KALRA 18 January 2021 18271 Views

Understand Section 194DA: TDS on life insurance policy payments. Learn rates, thresholds, and exemptions for your policy proceeds.

Who Must File ITR in India? Mandatory Filing Rules

Posted by Meet Gudhka 17 July 2021 11689 Views

Discover who is compulsorily required to file an Income Tax Return (ITR) in India. Learn about gross total income thresholds and special conditions.

Derivative Trading Tax: Understand Your UK Tax Obligations

Posted by Kanj 19 January 2021 5255 Views

Confused about derivative transaction tax? Learn how profits are calculated and understand your tax obligations under UK income tax law. Consult a tax advisor.