Income Tax Articles

Sample Disclosure as per ICDS

Posted by Naman Shrimal 08 October 2020 49294 Views

Sample Disclosure as per Income Computation and Disclosure Standards for reporting in Tax Audit report for FY 2016-17.

TCS on Sale of Goods u/s 206C: A Guide

Posted by Chandani Nawalkha 07 October 2020 15573 Views

Understand TCS on Sale of Goods under Section 206C(1H). Learn about thresholds, rates, and applicability for sellers and buyers in the UK.

Transparent Taxation: What Expenses Show Up in 26AS

Posted by Susmita Dutta, CA , CPA 07 October 2020 18177 Views

Understand which expenses now reflect in your 26AS form under the Transparent Taxation Scheme. Discover changes in tax reporting and compliance.

Charitable Trust Tax Changes: New Rules Explained

Posted by Deepak Jain 07 October 2020 7449 Views

Discover the significant tax overhaul for charitable trusts. Learn about new registration processes, compliance rules, and implications under the Finance Act 2020.

Section 80D: Medical Insurance Tax Deduction Guide

Posted by CA Santhosh Gupta Kethepalli 05 October 2020 17268 Views

Claim tax deductions for medical insurance premiums under Section 80D of the IT Act. Learn limits for individuals and HUFs, including for senior citizens.

TDS on Professional & Technical Services Fees

Posted by FCS Deepak Pratap Singh 05 October 2020 19607 Views

Understand TDS on fees for professional and technical services in India. Learn rates, definitions, and when tax deduction is required under Section 194J.