Income Tax Articles

TDS on Contractor Payments: Section 194C Explained

Posted by CA Rakesh Negi 30 November 2020 23832 Views

Understand TDS Section 194C for payments to resident contractors. Learn rates, exemptions, and compliance requirements for businesses in the UK.

Deemed Speculation: Income Tax Act 1961 Explained

Posted by CA Mehul Thakker 28 November 2020 5662 Views

Understand deemed speculation under the Income Tax Act, 1961. Learn how share trading losses are classified and when they are considered speculative.

Taxability of Gifts: Key Issues Explained

Posted by CA.R.S.KALRA 28 November 2020 17428 Views

Understand the tax implications of receiving gifts in the UK. Learn about exemptions, clubbing of income, and specific scenarios like marriage gifts.

Cashless Transactions: Benefits & Government Measures Explained

Posted by CA.R.S.KALRA 27 November 2020 5774 Views

Explore the evolution of money, advantages of cashless transactions, and government measures to curb black money and corruption. Learn more!

Form 26AS: Your Tax Statement Explained

Posted by santosh patil 26 November 2020 12824 Views

Understand your Form 26AS statement. Discover new details and benefits, including TDS, property transactions, and loan applications. Check your tax credits now!...

Income Tax Search: Extrapolation Technique Misused?

Posted by CA.Mohit Gupta 25 November 2020 1851 Views

Discover why the 'extrapolation technique' in income tax search assessments isn't universally applied and when it's inappropriate. Learn your rights.

TDS under Section 194-O for E-Commerce Operators

Posted by CA S K MISHRA 25 November 2020 11931 Views

Understand TDS obligations for e-commerce operators under Section 194-O. Learn deduction rates, thresholds, and exceptions. Get compliant today!

Tax Benefits of Home, Personal & Education Loans in India

Posted by Guest 25 November 2020 18566 Views

Discover tax benefits for home, personal (renovation), and education loans in India. Save money on your taxes with these common loan types.

Finance Act 2020: Trust Registration & Tax Exemption Changes

Posted by CA Santhosh Gupta Kethepalli 24 November 2020 8448 Views

Discover the Finance Act 2020's key amendments for trusts and NGOs regarding registration, renewal, and tax exemptions under Sections 11, 12, and 80G. Learn about the new 5-year validity.