Income Tax Articles

FAQs On Sec 206C (1H)- A Tabular Presentation

Posted by CA Rohit kapoor 03 October 2020 6437 Views

Tabular Presentation of some of the most asked questions regarding TCS on goods u/s 206C (1H) w.e.f 1st October 2020.

TCS u/s 206C (1H) - Applicability, Exemptions and Payment Schedule w.e.f 1st Oct 20

Posted by Susmita Dutta, CA , CPA 02 October 2020 32084 Views

TCS u/s 206C (1H) will be applicable w.e.f 1st October 2020. Let us understand the applicability, exemptions, and payment schedule etc. of the section.

GST and Income Tax Returns - Compliance Calendar October 2020

Posted by CA Rahul Mittal 02 October 2020 5248 Views

Compliance Calendar and Due Dates for various income tax and GST returns to be filed during the month of October 2020

TCS u/s 206C (1H) - A beginners guide!

Posted by CA Santhosh Gupta Kethepalli 30 September 2020 24593 Views

TCS u/s 206C (1H) will be applicable w.e.f 1st October 2020. Understand the provisions of the section here.

Section 194-O of the Income Tax Act, 1961

Posted by Vivek Jalan 30 September 2020 7181 Views

The Finance Bill 2020 has introduced a new Section 194-O to mandate Electronic Commerce Operators for deducting TDS. Let us understand the provision

Taxability of various perks offered by the PSUs, under the Income Tax Act, 1961

Posted by Madhur Gandhi 30 September 2020 15616 Views

Various perks and allowances are offered to the officials by the PSU's. Let us discuss how they are taxed under the Income Tax Act, 1961.

Section 68 of The Income Tax Act, 1961

Posted by Satvik 29 September 2020 4523 Views

Understanding section 68 of The Income Tax Act, 1961 with case laws and illustrations.

Vodafone wins arbitration against India in retrospective tax case

Posted by Shreya Bafna 29 September 2020 4760 Views

The telecom major Vodafone won a long-pending case against the Indian government in an international court over Rs.22, 000 crore in a retrospective tax dispute. Let's take a look at what happened.

Cases where Income of a Previous Year will be assessed in the Previous Year Itself under Income Tax Act

Posted by CA Santhosh Gupta Kethepalli 29 September 2020 8456 Views

The income of a previous year is assessed in the assessment year following the previous year. However, there are certain exceptions to this rule. Let us understand those.