Income Tax Articles

Section 68 Income Tax Act: Unexplained Cash Credits Explained

Posted by Amit Rai 01 February 2021 14986 Views

Understand Section 68 of the Income Tax Act regarding unexplained cash credits. Get insights into its scope, implications, and crucial judgments for tax professionals.

August 2020 Compliance Deadlines: Your Essential Checklist

Posted by CA Rahul Mittal 31 January 2021 4155 Views

Stay on top of your August 2020 compliance obligations. Find key deadlines for GST, Income Tax, PF, and ESI filings to avoid penalties.

Save Income Tax on Property Sale: Your Guide

Posted by CA Rahul Mittal 30 January 2021 5333 Views

Discover how to save income tax on your residential property sale. Learn about capital gains, exemptions, and investment strategies. Read now!

Section 206C(1H) TCS on Sale of Goods Explained

Posted by Saloni Gandhi 29 January 2021 2289 Views

Understand Section 206C(1H) TCS on sale of goods exceeding Rs. 50 lakhs from Oct 1, 2020. Learn applicability, exclusions, and rates. Get informed!

Tax Saving Deductions FY 19-20: Top Tips & Sections

Posted by mariam mulla 27 January 2021 3532 Views

Discover key tax saving deductions for FY 19-20, including Section 80C, 80D, and more. Reduce your taxable income effectively. Read now!

TDS on Property Purchase: Section 194-IA Explained

Posted by CA.R.S.KALRA 25 January 2021 5117 Views

Understand Section 194-IA: TDS on immovable property purchase. Learn rates, thresholds, and when to deduct tax.

Late Income Tax Return Filing: Penalties & Consequences

Posted by CA Shubhi Khandelwal 25 January 2021 10640 Views

Missed the ITR deadline? Discover the penalties, interest, and other consequences of filing your Income Tax Return late. Act now!

TDS on Rent: Section 194IB Explained

Posted by CA.R.S.KALRA 23 January 2021 10297 Views

Understand TDS on rent under Section 194IB. Learn who deducts tax, when, and at what rate for property rent exceeding £50,000 monthly.

TDS on Commission & Brokerage: Section 194H Explained

Posted by CA.R.S.KALRA 23 January 2021 4392 Views

Understand TDS on commission and brokerage under Section 194H. Learn rates, thresholds, and when tax deduction applies. Get the facts now!

Section 44AD: Presumptive Taxation for Small Businesses

Posted by CA Santhosh Gupta Kethepalli 23 January 2021 17230 Views

Understand Section 44AD of the Income Tax Act for presumptive taxation. Simplify your business taxes and avoid tedious accounting. Learn eligibility and rates.