Income Tax Articles

Sec 285BA: Statement of Financial Transactions Explained

Posted by CA Santhosh Gupta Kethepalli 03 January 2021 7636 Views

Understand your obligations under Sec 285BA of the IT Act for reporting financial transactions and reportable accounts. Learn about deadlines, penalties, and reporting thresholds.

New Tax Regime: Section 10(14) Exemptions Explained

Posted by CA Hetal Thakkar 09 July 2020 7799 Views

Discover which Section 10(14) exemptions are now available for taxpayers under the new tax regime. Understand the latest CBDT notification and its impact.

TDS Section 194N: Latest Changes Explained

Posted by Ramachandra 06 July 2020 31964 Views

Understand the latest changes to TDS under Section 194N on cash withdrawals. Learn about new rates and conditions for filing returns. Get informed now!

Equalisation Levy Explained: India's Tax on Digital Transactions

Posted by CA Santhosh Gupta Kethepalli 02 January 2021 9364 Views

Understand India's Equalisation Levy under the Income Tax Act, 1961. Learn about its application, rates, and penalties for digital transactions.

Section 56(2)(x) & 50CA Amendments Explained

Posted by CMA Damini Agarwal 07 July 2020 16014 Views

Understand the latest amendments to Section 56(2)(x) and 50CA of the Income Tax Act. Learn how these changes affect property and share transactions.

Income from House Property: Understand the Notional Head

Posted by CA Mehul Thakker 06 July 2020 6391 Views

Discover how income from house property is taxed, even if you don't receive rent. Learn about self-occupied and deemed to be let-out properties.

Equalisation Levy Explained: Key Facts & Rates

Posted by FCS Deepak Pratap Singh 07 July 2020 1817 Views

Understand the Equalisation Levy, also known as 'Google Tax'. Learn about its purpose, rates, and who it affects in our comprehensive guide.

Mutual Funds Tax: What You Need to Know

Posted by Bhavin Shah 31 December 2020 8630 Views

Understand the tax implications of mutual funds in India. Learn about capital gains, dividends, and recent tax changes for residents and non-residents.

Hindu Undivided Family (HUF): Benefits & Tax Savings

Posted by CA (CS) Ujjwal Jindal 04 July 2020 6500 Views

Discover the Hindu Undivided Family (HUF) system, its history, benefits, and how it can help you save on taxes. Learn about HUF formation and advantages.