Income Tax Articles

Statutory Tax Compliance Tracker - February 2024

CS Lalit Rajput 29 January 2024 at 09:55

Tax Compliance Tracker for the month of February 2024

TDS and GST on Rent

CA AJIT YADKIKAR 27 January 2024 at 14:34

Rent is the payment made for tenancy, lease, sub lease or other arrangements for use of property or machinery, furniture or other assets.

Recent Income Tax Case Laws

Venkat Raj 26 January 2024 at 07:43

Through this write-up, let us analyze key income tax judgments from the income tax appellate tribunal, the high court, and the Supreme Court.

Analysing the Deductibility of Actor's Fitness Expenses

CA Divyajeet Singh Sabharwal 26 January 2024 at 07:36

When the curtain falls on the silver screen, and the spotlight shifts to the realm of income tax, the question of deductibility for actor's fitness expenses ignites a heated debate, leaving both actors and tax authorities grappling with a labyrinth of arguments and legal grey areas.

All about Senior Citizen Savings Scheme (SCSS)

CA Bhawna Dua 26 January 2024 at 07:33

This article provides a comprehensive understanding of the latest SCSS rules, covering eligibility criteria, investment options, extension of tenure, and income tax benefits.

NRI's Guide to Mutual Fund Taxes in India

CA Arun Tiwari 25 January 2024 at 17:04

This guide will delve into the details of mutual fund taxation for NRIs, covering aspects such as capital gains tax, dividend distribution tax (DDT), tax residency certificate (TRC), and other key points.

Rent Receipt with Revenue Stamp

Mitali 25 January 2024 at 13:45

A rent receipt is an important document provided by a landlord to a tenant as proof of payment for rent

A Comprehensive Exploration of IFSC Units and Income Tax Deduction

Geetanjali Pandey 25 January 2024 at 09:50

In this comprehensive article, aim is to delve deep into the concept of "IFSC UNIT" and explore the intricacies of the DEDUCTION provided by the Income Tax Act.

Things to be kept in mind before finalization of Books of Account: Income Tax & GST

CA.Sangam Aggarwal 25 January 2024 at 08:49

Finalization of accounts means checking and reconciling books of accounts whether they are as per Companies Act, GST and Income Tax provisions.

Unraveling the Interplay Between Section 138 of the Income Tax Act and Section 22 of the RTI Act

CA Divyajeet Singh Sabharwal 25 January 2024 at 08:49

This article delves into the complex interplay between these two statutes, focusing on the potential conflict between Section 138 of the IT Act and Section 22 of the RTI Act, and its implications.