Income Tax Articles

ITAT Rectification Powers: Section 254(2) Explained

Posted by Dilip K Raina 25 August 2020 7439 Views

Understand the Income Tax Appellate Tribunal's powers to rectify its orders under Section 254(2). Learn about time limits and limitations for rectification applications.

E-Assessment: Revolutionising India's Income Tax Regime

Posted by CA Santhosh Gupta Kethepalli 24 August 2020 6795 Views

Discover the new E-Assessment scheme for income tax in India. Learn about the faceless, electronic process designed for transparency and efficiency.

Tax Audit Limits: Pre & Post Budget 2020 Changes

Posted by Jigar Shah 24 August 2020 16446 Views

Understand tax audit applicability under Section 44AB of the Income Tax Act. Discover the turnover limits before and after Budget 2020.

Plan Overseas Tours Before 31st March to Avoid TCS

Posted by Suyash Tripathi 24 August 2020 2135 Views

Avoid extra 5%/10% TCS on foreign tours. Plan & book your international trip before April 1st, 2020, to save money. Learn more!

Direct Tax Vivad se Vishwas Bill 2020: Settle Disputes

Posted by Amit Rai 23 August 2020 12163 Views

Resolve direct tax disputes with the Vivad se Vishwas Bill 2020. Learn eligibility, how to apply, and payment options to clear pending appeals and save time.

TCS on Foreign Travel & Remittances: Rules 2020

Posted by CA PIYUSH KAPOOR 23 August 2020 6723 Views

Understand TCS on foreign travel packages and remittances in 2020. Learn about rates, responsibilities, and how to claim credit.

Director Liability for Private Company Tax Debt

Posted by FCS Deepak Pratap Singh 23 August 2020 2545 Views

Discover director liability for private company tax dues under Section 179 of the Income Tax Act. Learn how to prove non-liability and protect personal assets.

Section 269SU: Accept Digital Payments - Your Guide

Posted by Dhiraj Kumar Choudhury 22 August 2020 11259 Views

Learn about Section 269SU, mandating digital payment acceptance for businesses over Rs. 50 Cr turnover. Avoid penalties by offering prescribed electronic modes....

Section 80EEB: Save Tax on Electric Vehicle Loan Interest

Posted by CA Santhosh Gupta Kethepalli 19 August 2020 9988 Views

Claim tax deduction on interest paid for electric vehicle loans under Section 80EEB. Learn eligibility, benefits, and limits up to Rs. 1.5 Lakh.

Budget 2020: Changes for Charitable Trusts & Institutions

Posted by Madhur Gandhi 19 August 2020 10367 Views

Discover how Budget 2020 impacts charitable trusts and institutions in the UK. Understand new registration, audit, and donation rules. Learn more now!