Income Tax Articles

How to take maximum tax advantage of House Rent Allowance (HRA)?

Posted by Deepak Nagori 27 July 2020 77624 Views

Maximum Tax Advantage of House Rent Allowance (HRA)House Rent Allowance (HRA) is provided by an employer to his employee to meet the rental cost of the residential house of the employee.

Income Tax Due Dates: Updated Compliance Chart

Posted by CA Rahul Mittal 27 July 2020 20403 Views

Stay updated with the latest income tax compliance due dates. Find extended deadlines for investments, ITR filing, TDS, and more. Don't miss out!

TDS on Cash Withdrawals: Section 194N Explained

Posted by CA Robin Garg 27 July 2020 17508 Views

Understand TDS under Section 194N on cash withdrawals exceeding Rs. 1 crore. Learn about rates, exemptions, and recent amendments for individuals and businesses.

Section 194N: TDS on Cash Withdrawals Over 1 Crore

Posted by CA AMIT KUMAR SHARMA 27 July 2020 5687 Views

Understand Section 194N TDS on cash withdrawals. Learn about the Rs 1 crore limit, TDS rates, and who it applies to. Avoid penalties by staying informed.

TDS Section 194M: Resident Contractor & Professional Payments

Posted by CA Piyush Agarwal 26 July 2020 56086 Views

Understand TDS Section 194M for individuals & HUFs. Learn about deductibility on payments to resident contractors & professionals exceeding £50,000.

Section 68 & Penny Stocks: Tax Implications Explained

Posted by Member (Account Deleted) 25 July 2020 11959 Views

Understand Section 68 of the Income Tax Act, 1961, and its impact on penny stock profits. Learn about taxability and recent court decisions.

Clubbing of Income Explained: Income Tax Act 1961

Posted by FCS Deepak Pratap Singh 25 July 2020 5029 Views

Understand clubbing of income under Section 64 of the Income Tax Act, 1961. Learn how spouse's, child's, and son's wife's income can be clubbed.

Section 194N: TDS on cash withdrawal exceeding INR 1 Crore

Posted by CA Nayan Goyal 24 July 2020 45448 Views

TDS at the rate of 2% would be deducted by banking companies, cooperative societies engaged in the business of banking, or post office, “if the cumulative withdrawals from all accounts with one bank, exceeds INR 1 crore

e-Campaign Compliance Portal: Your Guide to Tax Info

Posted by Sanchit Aggarwal 24 July 2020 12817 Views

Understand and respond to tax information on the e-Campaign Compliance Portal. Learn how to submit feedback on significant transactions, non-filing, and ITR mismatches.

TDS & Tax Provisions for FY 2018-19

Posted by Sandeep Rawat 24 July 2020 73115 Views

TDS Rates & Provisions for F.Y.2018-19 TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required