Popular Articles

Understanding Different Deposits And Applicable Tax Benefits Around It

Taxblock 28 September 2021 at 09:35

Bank gives scheme under different types of deposit and account. In this article we will discuss about them in detail and we will also discuss the tax benefits you get under Income Tax Act.

Will all eligible depositors of banks under directions, moratorium get an interim payment of Maximum of Rs. 5 lacs from DICGC in 90 days?

Shivaprasad Laxman Chhatre 03 September 2021 at 09:38

The amendment has been made to the DICGC Act,1961 to provide interim payments to depositors subject to certain provisions stipulated in the DICGC (Amendment) Act, 2001.

Statutory Tax Compliance Tracker - January 2025

CS Lalit Rajput 03 January 2025 at 09:53

Compliance Tracker for the month of January 2025

SOP for verification of taxpayers granted Deemed Registration

Kusum Gandhi 30 November 2020 at 12:27

SOP for verification of taxpayers granted Deemed Registration

Equalisation Levy | An Analysis

CA Sapna Ghelani 03 February 2021 at 10:16

Introduction of Equalisation Levy in India was back in 2016, with the intention of taxing the digital transactions i.e. the income accruing to foreign e-commerce companies from India.

Can Interest Income on Fixed Deposits be treated as capital receipts?

CA Aman Rajput 23 April 2024 at 10:03

In this article, the author is going to discuss the details of the case of Deputy Commissioner of Income-tax v. BTW Atlanta Transformers India (P.) Limited., by examining arguments in above case, and the tribunal's decision, which will help us in understanding the broader implications for the taxpayers as a whole