Section 10(4E) of the Income Tax Act, 1961 provides an exemption from tax on income arising from the...
Section 151A empowers the Central Government to implement a faceless, technology-driven scheme for reassessing...
Cases or situations of Tax Relief under section Section 89/Rule 21A when Salary is Paid in Arrears or...
An Association of Persons (AOP), whether incorporated or not, is treated as a `person` under section...
Special Economic Zones (SEZs) have emerged as key drivers of economic growth and development in many...
Here’s a detailed table summarizing the tax treatment of Provident Fund (PF) contributions, interest,...
Income from house property is one of the five heads of income under the Income Tax Act, 1961. It applies...
In the era of GST, the removal of check posts nationwide aimed to streamline the movement of goods within...
A. Changes in Basic Customs Duty (to be effective from 24.07.2024)
S. No.
Chapter, Heading, sub-...
Section 10(6D) provides a tax exemption to non-residents (other than foreign companies) on income received...
Purpose:
This section provides a full tax exemption on income earned by approved news agencies that operate...
Section 54B of the Income Tax Act, 1961, provides a tax exemption on capital gains arising from the transfer...
Revocation of Cancellation of Registration under GST is a process that allows a taxpayer to restore their...
Section 74 of the Income Tax Act, 1961 governs the treatment of capital losses, providing specific rules...
Section 145 of the Income Tax Act, 1961 governs the method of accounting for computing taxable income...
Section 10(12B) of the Income Tax Act, 1961 provides tax exemptions on partial withdrawals from the National...
Here’s a detailed analysis of the taxability of forfeited advance money for transfer of capital assets...
The Deduction and Collection of Tax at Source (TDS/TCS) provisions under the Income Tax Act, 1961 are...
1. Overview
Under Section 210(1) of the Income Tax Act, 1961, taxpayers liable for advance tax must voluntarily...
Under the Indian Income Tax Act, 1961, the taxability of income from letting out of machinery, plant,...