Articles by CA Himanshu Gandotra

Updated ITR: Filing After Due Date with Section 139(8A)

Posted by CA Himanshu Gandotra 01 March 2023 7911 Views

Missed the ITR deadline? Discover how to file an Updated ITR (ITR-U) under Section 139(8A) within 24 months, even if you filed late or not at all.

Virtual Digital Asset Tax: Rates, Rules & How to Calculate

Posted by CA Himanshu Gandotra 26 September 2022 12449 Views

Understand the tax on Virtual Digital Assets (VDAs) in India. Learn about the flat 30% tax rate, TDS rules, and how to calculate your VDA income.

TDS Section 194A - TDS on interest other than interest on securities

Posted by CA Himanshu Gandotra 20 August 2021 16622 Views

Section 194A covers provisions relating to deduction of TDS on interest other than interest on securities credited or paid by any person other than an individual or HUF to any resident, or an individual or HUF covered u/s 44AB(a)/(b).

Taxation of gifts as per income tax

Posted by CA Himanshu Gandotra 02 May 2021 17628 Views

In today's scenario the custom of gift sharing is in much trend. Also since Diwali festival is approaching, many people exchange very valuable gifts.

TDS on Property Sale: Section 194IA Explained

Posted by CA Himanshu Gandotra 26 April 2021 3769 Views

Learn about TDS on property sale under Section 194IA. Discover when, where, and how much TDS to deduct on immovable property transactions over Rs. 50 lakhs.

Taxation of political parties

Posted by CA Himanshu Gandotra 01 October 2019 14148 Views

IntroductionLok Sabha Elections are on the way. This may sound a trending topic these days to discuss the various sources of income and relative taxation of suc...

GST on second hand goods

Posted by CA Himanshu Gandotra 21 July 2019 19101 Views

IntroductionFor the purpose of computation of GST on second hand goods let us divide the second hand goods into 2 parts:- Second hand v

All about Section 44ADA

Posted by CA Himanshu Gandotra 26 June 2019 20848 Views

SECTION 44ADASection 44AD is a well-known presumptive taxation scheme available to individuals, HUF and partnership firms (not including limited liability partn...