Income Tax Articles

Statutory Tax Compliance Tracker - January 2025

CS Lalit Rajput 03 January 2025 at 09:53

Compliance Tracker for the month of January 2025

Navigating TDS for NRIs After Budget 2024: The Importance of a Lower TDS Certificate

CA Arun Tiwari 01 January 2025 at 07:57

Navigating Indian tax laws can be especially challenging for Non-Resident Indians (NRIs). One significant hurdle is Tax Deducted at Source (TDS), a tax deducted from your income at the source before it reaches you.

Income Tax Highlights: 2024 Year-End Review

Chaitra Seetharam 31 December 2024 at 12:24

As the year wraps up, crucial changes to income tax regulations and policies have been unveiled in the Union Budget 2024-25, impacting individual taxpayers and corporations.

Top FAQs to Rectify Tax Filing Errors Like a Pro

Mitali 30 December 2024 at 10:35

Raise Rectification Request FAQs

Navigating the New Budget: Capital Gains Tax Changes for NRIs and Residents

CA Arun Tiwari 27 December 2024 at 08:54

This article breaks down the key changes, explains their impacts, and provides practical tips to help you adapt.

Will D Gukesh's Rs 11.45 Crore Chess Prize Escape Taxation u/s 10(17A)?

Sahil Jaiswal 26 December 2024 at 11:22

D. Gukesh’s ₹11.45 crore chess prize falls under the scrutiny of Indian tax laws, particularly concerning Section 10(17A) of the Income Tax Act. Here's a deeper breakdown of the context

Understanding Challan 280 for Income Tax Payment

Ishita Ramani 26 December 2024 at 08:41

This article provides a detailed knowledge of Challan 280 and how it performs a vast position in income tax payment.

Christmas Gift to Taxpayers from Bombay High Court

CA Umesh Sharma 25 December 2024 at 08:52

Bombay High Court has recently issued an important direction about the Section 87A rebate

Comprehensive Guide to Vivad Se Vishwas Scheme 2024: Insights from Circular No. 12/2024

CA Varun Gupta 25 December 2024 at 08:52

Overview of the Vivad Se Vishwas Scheme 2024 (VSVS 2024) in accordance with Circular No. 12 of 2024, Dated October 15, 2024

Understanding Slump Sales and New CBDT Valuation Rules

ValuGenius Advisors LLP 25 December 2024 at 08:52

When transferring a business or a significant part of it, known as a "slump sale," it's essential to understand the implications of the newly prescribed valuation rules by the Central Board of Direct Taxes (CBDT).