Income Tax Articles

All about Form 15CA/15CB & its Filing Procedure

CA.Sangam Aggarwal 04 March 2024 at 08:50

This article aims to provide a comprehensive understanding of Form 15CA and 15CB and the procedures involved.

MSMEs Year End Payments u/s 43B(h): 10 Point Checklist

Vivek Jalan 02 March 2024 at 13:24

10 Point Year End 43B(h) Checklist - 43B(h) Compliances for all (including traders/MSE buyers)

How to Fill Aadhaar Card Enrolment Form

Priya Mulukutla 01 March 2024 at 11:47

The process for filling out an Aadhaar Card Enrolment form has been explained in this article

Partnership Company ITR Filing: All you need to know

Ishita Ramani 01 March 2024 at 08:44

In this article, we have discussed all about ITR filing for partnership firms which will help you become more.

Capital Receipts and Revenue Receipts: Purpose, Taxability & Examples

Khush Trivedi 29 February 2024 at 15:36

In any business the basic fuel that requires to keep the business alive is only an Income or Receipts. As the important purpose of an economic activity is to earn money business is generating different types of revenues. We can bifurcate these Revenues or Receipts in two different categories i.e. Capital Receipts & Revenue Receipts

Leave Encashment Taxability

Khush Trivedi 28 February 2024 at 15:57

Employees can accumulate the un-utilize paid leaves till their retirement or resignation from the company & which compels the employer to compensate the unutilized paid leave of the employees. This concept is better known as leave encashment.

Dearness Allowance: What is DA?

Priya Mulukutla 28 February 2024 at 14:42

Dearness Allowance is the additional payment the Government and Public Sector Entities make to their Employees and Pensioners. The intent is to mitigate the effect of rising inflation.

AOs Mandated to Issue Low TDS Certificates Based on Rule 28AA Principles

Vivek Jalan 28 February 2024 at 14:06

For issuance of Low TDS Certificate, AO cannot see profitability of assesses; But has to rely on 4 principles of Rule 28AA

Unlock the door to tax savings with Section 80C!

CA. Akshat Parakh 28 February 2024 at 08:51

From securing your future with investments in EPF, PPF, or ELSS, to safeguarding your loved ones with life insurance premiums, 80C offers a treasure trove of opportunities.

Transport Allowance: How To calculate it?

Khush Trivedi 27 February 2024 at 11:31

Transport allowance granted to an employee to meet his expenditure for the purpose of commuting between the place of his residence and the place of his duty is fully taxable