Income Tax Articles

TDS on Cash Withdrawal Changes from July 1, 2020

Posted by CA Umesh Sharma 09 January 2021 6296 Views

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

Exempt Income Expenditure: Section 14A Rules Explained

Posted by FCS Deepak Pratap Singh 09 January 2021 2143 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.

Section 115BAA: Lower Tax Rate for UK Companies

Posted by CA Alexandar Gazi 09 January 2021 3769 Views

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

MLI Impact on Indian Tax Treaties Explained

Posted by CMA Damini Agarwal 09 January 2021 2286 Views

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

Tax Saving Investments: Deductions for Individuals & HUFs

Posted by CA Rahul Mittal 13 July 2020 13028 Views

Discover tax-saving investment options and deductions under Income Tax for individuals and HUFs. Maximize your savings with Section 80C, 80D, and more.

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

Posted by CA Shubhi Khandelwal 06 January 2021 13154 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!

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

Posted by CA Alexandar Gazi 06 January 2021 20880 Views

Understand TCS on sale of goods under Section 206C(1H). Learn rates, conditions, and when it applies to your business transactions.

Choose Better Health Insurance: A Comprehensive Guide

Posted by Yash Porwal 05 January 2021 3858 Views

Learn how to select the best health insurance policy. Compare plans, check claim ratios, hospital networks, cashless options, and more.

Tax Deductions for Scientific Research Expenditure

Posted by FCS Deepak Pratap Singh 05 January 2021 5015 Views

Explore Section 35 of the Income Tax Act, 1961 for deductions on scientific research. Learn about in-house R&D, contributions, and capital expenditure.