Income Tax Articles

TDS on Foreign Bonds & GDRs: Section 196C Explained

Posted by CA.R.S.KALRA 06 March 2021 10359 Views

Understand TDS under Section 196C for non-residents on foreign currency bonds & GDRs. Learn deduction rates, timing, and applicable income types.

TDS on Foreign Institutional Investors' Securities Income

Posted by CA.R.S.KALRA 06 March 2021 6981 Views

Understand Section 196D: TDS on income for Foreign Institutional Investors from securities. Learn deduction rates, timing, and exemptions.

Thin Capitalisation Explained: Rules & Implications

Posted by CA. Sahil Mehta 06 March 2021 2407 Views

Understand thin capitalisation rules in India, including Section 94B, interest expense limits, and how it affects multinational companies. Learn more!

TDS on LTCG for Offshore Funds: Section 196B Explained

Posted by CA.R.S.KALRA 04 March 2021 3159 Views

Understand TDS on long-term capital gains (LTCG) for offshore funds under Section 196B. Learn who deducts, when, and the 10% tax rate.

Business Perquisites Taxability: Income Tax Act Explained

Posted by CA Mehul Thakker 04 March 2021 14519 Views

Understand the taxability of business perquisites under the Income Tax Act. Learn how benefits from business performance are taxed under PGBP.

Section 194N: Cash Withdrawal Tax Explained

Posted by CMA Ramesh Krishnan 03 March 2021 8992 Views

Understand Section 194N of the Income Tax Act. Learn about TDS on cash withdrawals over Rs 20 lakh or Rs 1 crore and how it impacts your finances.

TDS on Non-Resident Payments: Section 195 Explained

Posted by CA.R.S.KALRA 03 March 2021 8161 Views

Understand TDS on non-resident payments under Section 195. Learn who deducts tax, when to deduct, and what payments are covered. Get the facts.

Section 115BAD | New Tax Regime for Resident Co-Operative Societies

Posted by Neethi V. Kannanth 02 March 2021 85992 Views

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.

TDS on Cash Withdrawal: Section 194N Explained

Posted by CA.R.S.KALRA 02 March 2021 15298 Views

Understand Section 194N TDS on cash withdrawals. Learn about limits, rates, and exemptions for banks and post offices. Stay compliant!

ITR Not Processed? 4 Steps to Resolve Quickly

Posted by Aishna Kukreja 02 March 2021 19679 Views

Is your Income Tax Return (ITR) not processed? Discover 4 common reasons and learn how to resolve them, including e-verification and tax credit mismatches.