Income Tax Articles

Equalisation Levy: Key Concept in International Tax

Posted by Venkat Raj 29 December 2020 2111 Views

Understand the Equalisation Levy, a vital concept in international taxation introduced to tax non-residents and e-commerce operators. Learn its scope and application.

Dividend Tax: How it Affects Your Budget & Investments

Posted by P.R. Sethuraman 28 December 2020 3718 Views

Understand the role of dividend tax in budget planning. Learn how dividends are taxed in your hands and its impact on investments. Get the facts.

Tax Audit in Tally: Key Checks & Tips

Posted by CA Kushwanth AVSR 28 December 2020 7786 Views

Streamline your tax audit in Tally. Discover essential checks for negative cash, large payments, 269SS/269T, and fixed asset additions.

Finance Act 2020: Key Sections Effective Jan 1, 2021

Posted by Bimal Jain 28 December 2020 3180 Views

Discover key Finance Act 2020 sections effective Jan 1, 2021, impacting GST composition, ITC, registration, and penalties. Learn more now!

India's Source Rule of Taxation Explained

Posted by CA Mehul Thakker 26 December 2020 2712 Views

Understand India's source rule of taxation under Section 9 of the Income Tax Act. Learn about taxability for non-residents with Indian income sources.

TDS on Salary: A Comprehensive Guide to Section 192

Posted by CA.R.S.KALRA 26 December 2020 19349 Views

Understand TDS on salary under Section 192. Learn who deducts tax, when to deduct, rates, and employee responsibilities for accurate tax withholding.

India's New E-Commerce Tax: What You Need to Know

Posted by Dr. Suresh Surana 26 December 2020 3651 Views

India has expanded its Equalisation Levy to cover cross-border e-commerce. Learn about the new 2% tax on online sales and services for non-residents.

Section 56(2)(X) Income Tax Act: Gifts & Property Rules

Posted by Safder Alam 26 December 2020 11487 Views

Understand Section 56(2)(X) of the Income Tax Act, 1961. Learn about taxability of gifts and property received with or without consideration.

Charitable Trust: Prohibited Use of Income or Property

Posted by Sandeep Rawat 24 December 2020 4847 Views

Discover how charitable trusts can lose tax exemptions if income or property benefits specific individuals. Learn about prohibited uses and their consequences.