Income Tax Articles

Budget 2020: Section 44AB Audit Threshold Raised

Posted by Unnati Sharma 29 December 2020 25150 Views

Discover the Budget 2020 amendment to Section 44AB, raising the audit threshold to £5 crore for eligible businesses. Learn about the implications.

Tax on Share Capital Reduction: ITAT Mumbai Ruling

Posted by Unnati Sharma 29 December 2020 17760 Views

Understand the tax implications of share capital reduction. Learn how ITAT Mumbai ruled on capital loss treatment and carry-forward eligibility.

Finance Changes July 2020: What You Need to Know

Posted by CA Rahul Mittal 29 December 2020 6132 Views

Discover 5 key finance changes effective from July 1, 2020. Learn about ATM withdrawal limits, account balance penalties, stamp duty, tax interest rates, and TDS on cash.

Promote Digital Economy: CBDT Cash Transaction Rules

Posted by CA Santhosh Gupta Kethepalli 29 December 2020 3493 Views

Discover CBDT measures to curb black money & boost digital payments. Learn about Sections 269SS, 269T, 269ST, and TDS on cash withdrawals.

e-Pay Tax Online: Your Guide to Simple Tax Payments

Posted by Sanchit Aggarwal 15 April 2024 10642 Views

Learn how to easily pay your taxes online using the e-Pay Tax service. Follow our step-by-step guide for a smooth and efficient tax payment process.

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

Posted by Dr. Suresh Surana 26 December 2020 3685 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.

Charitable Trust: Prohibited Use of Income or Property

Posted by Sandeep Rawat 24 December 2020 4868 Views

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