Income Tax Articles

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

Posted by Mayank Mohanka 08 April 2020 6228 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 7842 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.

Advance Rulings: Tax Certainty Under Income Tax Act

Posted by CA Udit Gupta 07 April 2020 2183 Views

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

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

Posted by Mayank Mohanka 07 April 2020 7570 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....

CBDT Extends Lower TDS Certificate Validity: Relief for Taxpayers

Posted by Arpit Suri 06 April 2020 6751 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.

GAAR Explained: General Anti-Avoidance Rules

Posted by FCS Deepak Pratap Singh 06 April 2020 2143 Views

Understand General Anti-Avoidance Rules (GAAR) in the UK. Learn how GAAR prevents tax avoidance and its impact on your financial planning. Read more!

TDS & TCS Amendments: Key Changes from Budget 2020

Posted by CA ANILKUMAR B.COM FCA DISA 03 April 2020 34025 Views

Discover key TDS & TCS amendments from the Union Budget 2020. Understand changes to salary, dividends, contractor payments, and e-commerce transactions.

New Tax Rates: Sections 115BAA & 115BAB Explained

Posted by PIYUSH AGARWAL 03 April 2020 11532 Views

Discover the new corporate tax rates under Sections 115BAA and 115BAB. Learn eligibility and benefits for domestic and manufacturing companies.

COVID-19 Tax Planning: Capital, Dividends & SEZs

Posted by CMA SIVAKUMAR A,ACMA. 03 April 2020 10239 Views

Navigate COVID-19 tax planning for AY 2020-21 & 2021-22. Understand capital structure, dividends, Free Trade Zones & SEZs for strategic financial decisions.

Conditions to opt for lower income tax rate @22% u/s 115BAA

Posted by Brijesh Pandey 02 April 2020 53982 Views

Recently the government announced a reduced rate of tax @22% (plus applicable surcharge and cess), for all corporations and firms provided they will not avail any exemption/Concessions/Tax Holidays as enjoying presently. As it is an option to the corporations and not mandate, taxpayers can continue with the existing rate of tax with availment of existing tax incentives as earlier.