Income Tax Articles

TDS on Professional & Technical Fees: Section 194J Explained

Posted by CA.R.S.KALRA 10 February 2021 19800 Views

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

Income Tax Search & Seizure: Legality of Survey Conversion

Posted by CA.Mohit Gupta 09 February 2021 7247 Views

Explore the legality of converting income tax surveys (Section 133A) into search and seizure actions (Section 132) under the Income Tax Act, 1961.

CBDT Notifications & Circulars: July 2020 Tax Updates

Posted by SAGAR MALHOTRA 08 February 2021 3607 Views

Stay updated with CBDT notifications and circulars from July 2020. Discover key changes in tax filing, TDS, and exemptions. Read more now!

Capital Asset to Stock-in-Trade: Tax Rules | Sec 45(2)

Posted by CA Santhosh Gupta Kethepalli 08 February 2021 16385 Views

Understand Section 45(2) on converting capital assets to stock-in-trade. Learn how and when profits are taxed. Get clarity on your tax obligations.

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

Posted by CA Preksha Choraria 07 February 2021 31704 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.

Digital Payments: Lower Income Tax Rates & Business Incentives

Posted by CA.R.S.KALRA 07 February 2021 1681 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.