Popular Articles

How the IT Department is Leveraging AI to Detect Tax Evasion?

Posted by Sahil Jaiswal 11 September 2025 0 Views

IT Department is increasingly using AI to combat tax evasion, leveraging advanced technologies to improve compliance and efficiency.

Section 80D: Tax Benefits on Health Insurance Premiums

Posted by Sahil Jaiswal 10 May 2025 0 Views

Section 80D of the IT Act provides a deduction for premiums paid on health insurance policies, medical expenses etc.

Reverse Charge Mechanism: New Statement for Accurate Filing

Posted by Mitali 30 November 2025 0 Views

Reverse charge mechanism reporting made easy now check what is the purpose of the new RCM Liability or ITC Statement on the GST Portal?

Direct Tax Code: Upcoming Major Changes in 2026

Posted by Mitali 17 February 2026 0 Views

Direct Tax Code is set to replace the existing Income Tax Act, 1961 for making tax system more straightforward and user friendly.

Section 43B(h) of Income Tax Act: How to Report in Form 3CD

Posted by Mitali 01 February 2026 0 Views

Section 43b(h) of income tax act states that any payment due to a Micro or Small Enterprise must be paid within 45 days as per the MSMED Act.

TCS on Sale of Goods: Big Relief for Sellers from 1st April 2025

Posted by Sahil Jaiswal 13 June 2025 0 Views

TCS on the sale of goods means that large sellers must collect an extra tax from buyers if their purchases exceeds the specified amounts.

TDS on Commission: Applicable Rates and Limits For FY 2025-26

Posted by Sahil Jaiswal 03 December 2025 0 Views

TDS on commission refers to the tax deducted by the payer before making commission payments to an agent, broker, or intermediary.

Section 193: New TDS Limit for Interest on Securities

Posted by Sahil Jaiswal 25 July 2025 0 Views

Section 193 of the Income Tax Act, 1961 mandates the deduction of Tax Deducted at Source on interest earned from securities.

Section 194K: TDS Limit on MF Income Increased from 1st April 25

Posted by Sahil Jaiswal 23 December 2025 0 Views

Section 194K of the Income Tax Act pertains to the deduction of Tax Deducted at Source (TDS) on income from mutual funds.