Income Tax Articles

Charitable Trust Tax Changes: New Rules Explained

Posted by Deepak Jain 07 October 2020 7455 Views

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

Equalisation Levy & TDS on E-commerce: New Rules Explained

Posted by Mayank Mohanka 08 April 2020 6237 Views

Understand the new Equalisation Levy and TDS on e-commerce transactions in India. Learn about rates, applicability, and implications for businesses.

PM CARES Fund: 100% Tax Deduction Under Section 80G

Posted by Aishna Kukreja 07 April 2020 7864 Views

Discover how donations to the PM CARES Fund qualify for a 100% tax deduction under Section 80G. Learn about eligibility and deadlines for your tax return.

New Tax Regime (115BAC): Is it Right for You?

Posted by Mayank Mohanka 07 April 2020 7595 Views

Compare the new Section 115BAC tax regime with the old one. Understand the break-even points and decide which tax regime is best for your income and deductions....

Advance Rulings: Tax Certainty Under Income Tax Act

Posted by CA Udit Gupta 07 April 2020 2204 Views

Understand Advance Rulings under the Income Tax Act. Get clarity on tax liability for specific transactions and reduce disputes. Learn more now!

CBDT Extends Lower TDS Certificate Validity: Relief for Taxpayers

Posted by Arpit Suri 06 April 2020 6774 Views

Find out how the CBDT has extended the validity of lower/nil TDS certificates due to COVID-19, offering relief to taxpayers. Learn about the new deadlines and procedures.

Income Tax Provisions related to loan from relatives, friends

Posted by CA AYUSH AGRAWAL (SHARP & ASS) 27 October 2023 69026 Views

Transaction of unsecured/secured loan from non-government & banking companies are generally traced & monitored by income tax departments. so it is important to know what are the sections that affect your daily transactions and how these transactions are dealt with in Assessment proceedings.