Income Tax Articles

From "GruhLaxmi" to "Mahalaxmi"

CA Umesh Sharma 25 September 2023 at 13:59

With the Indian Government's recent move to allot 33.33% reservation for women in Parliament and also the festival of Mahalaxmi is being celebrated, are there any new financial advantages or tax benefits that women should be aware of?

TDS Applicability & Equilisation Levy On Advertisement Services Taken Through Facebook, Google And Instagram

Geetanjali Pandey 22 September 2023 at 14:40

These days advertisement made through digital platform is quite popular and convenient for business enterprises. While thinking about digital platform, we go for Google, Facebook, Twitter, Linkedin and Insta etc.

FAQs released for filing Form 10B/10BB (AY 2023-24)

CA Ruby Bansal 22 September 2023 at 09:02

Income Tax Department releases FAQs for filing Form 10B and 10BB

Understanding Tax Evasion and Tax Avoidance

Naveen Kumar 21 September 2023 at 08:54

Tax avoidance and tax evasion are both related to the non-payment or reduction of taxes, but they differ in legality and intention.

Taxes on Slot Machine Winnings: Everything You Need to Know

Ayush 20 September 2023 at 11:43

Picture this: You're at your favourite casino, the reels are spinning, the lights are flashing, and then it happens—a winning combination. The slot ma

Revenue Vs Capital Expenditure & Depreciation on Capital Expenditure: The argument continues

Vivek Jalan 20 September 2023 at 08:53

By terminating the services of a vendor, an assessee may intend to save the expense that it would have had to incur in the relevant previous year as well as for few more years going ahead. However, it cannot be said that this saving is an enduring benefit or has resulted in creating an asset.