Income Tax Articles

TDS on Lottery & Game Show Winnings (Sec 194B)

Posted by CA.R.S.KALRA 11 January 2021 11124 Views

Understand Section 194B: TDS on lottery, game shows & puzzles. Learn who deducts tax, when, and at what rate (30%) for winnings over £10,000.

TDS on Cash Withdrawal Changes from July 1, 2020

Posted by CA Umesh Sharma 09 January 2021 6275 Views

Understand the new TDS on cash withdrawal rules from 1st July 2020. Learn about thresholds, rates, and exemptions to avoid higher deductions.

Undisclosed Jewellery Seizure: Legal Guidelines & Assessment

Posted by CA.Mohit Gupta 09 January 2021 2058 Views

Understand the rules on seizing undisclosed jewellery during income tax searches. Learn about CBDT guidelines and court rulings on explained vs. unexplained investments.

TDS on Interest: Section 194A Explained

Posted by CA.R.S.KALRA 09 January 2021 11301 Views

Understand TDS on interest (other than securities) under Section 194A. Learn who deducts, when, rates, and exemptions. Get the facts!

MLI Impact on Indian Tax Treaties Explained

Posted by CMA Damini Agarwal 09 January 2021 2273 Views

Discover how the Multilateral Instrument (MLI) impacts Indian tax treaties, preventing tax avoidance and improving dispute resolution. Learn more!

Section 115BAA: Lower Tax Rate for UK Companies

Posted by CA Alexandar Gazi 09 January 2021 3743 Views

UK domestic companies can opt for a 22% income tax rate under Section 115BAA. Discover conditions, benefits, and how to file Form 10IC.

Exempt Income Expenditure: Section 14A Rules Explained

Posted by FCS Deepak Pratap Singh 09 January 2021 2124 Views

Understand Section 14A of the Income Tax Act, 1961, and Rule 8D. Learn how expenditure related to exempt income is treated and disallowed for tax purposes.

TDS on Dividend Payments: Section 194 Explained

Posted by CA.R.S.KALRA 08 January 2021 13911 Views

Understand TDS on dividend payments under Section 194. Learn deduction rates, thresholds, and exemptions for resident and non-resident shareholders.

TDS on Interest from Securities: Section 193 Explained

Posted by CA.R.S.KALRA 07 January 2021 3759 Views

Understand TDS on interest from securities under Section 193. Learn who deducts tax, when, rates, and exemptions. Get key details here.

Which ITR Form to File? Your Guide to Income Tax Returns

Posted by CA Shubhi Khandelwal 06 January 2021 13127 Views

Confused about which Income Tax Return (ITR) form to file? Discover the correct ITR form based on your income type and taxpayer category. Get it right first time!