Amount received on Voluntary Retirement [Section 10(10C)]
Section 10(10C) of the Income Tax Act provides an exemption to employees who receive a certain amount...
Section 10(4C)-Interest on Bonds to Non-Resident
Section 10(4C) of the Income Tax Act, 1961 in India provides an exemption for interest income earned...
Investment in Kisan Vikas Patra Yojana
Kisan Vikas Patra is a certificate scheme from the Indian post office. It doubles a one-time investment...
Section 10(4F)-Income of Non-Resident by way of Royalty or Interest, on account of Lease of An Aircraft
Section 10(4F) of the Income Tax Act, 1961 in India provides an exemption for income earned by a non-resident...
Provisions relating to Direct Taxes for the Financial Year 2025-26 in India- Flip e-Book (PDF)
The provisions relating to Direct Taxes for the Financial Year 2025-26 in India include several key changes...
Interest Incomes which are Exempt under Section 10(15)
Interest incomes which are exempt under section 10(15) could be explained with the help of the following...
Special Provisions in respect of Newly-established Units in Special Economic Zones (SEZ) [Section-10AA]
Special Economic Zones (SEZs) have emerged as key drivers of economic growth and development in many...
[Section 248]: Appeal by Person Denying Liability to Deduct Tax
Under Section 248 of the Income Tax Act, 1961, a person who denies liability to deduct tax at source...
Understanding the Concept of Casual Taxable Person (CTP) under GST
Goods and Services Tax (GST) in India is a comprehensive, multi-stage, destination-based tax that is...
CBDT extends due date for filing Form 10A/10AB-Press Release by PIB
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ****** New...
Form for Claim for Refund and Period Within Which Claim for Refund Should be Made [Section 239 And Rule 41]
Under Section 239 of the Income Tax Act, 1961, and related provisions, here are the key details regarding...
Section 196B: TDS on Income from Units of Offshore Funds
Section 196B of the Income Tax Act, 1961 governs the Tax Deducted at Source (TDS) on income paid to non-residents or foreign...
[Section 210(1)]: Payment of Advance Tax by the Assessee on Their Own Accord
1. Overview Under Section 210(1) of the Income Tax Act, 1961, taxpayers liable for advance tax must voluntarily...
[Section 194M]: TDS on Payments by Individuals/HUFs for Specified Expenses
Section 194M of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on certain payments made...
120 FAQs on Income Tax Bill 2025-Flip e-Book (PDF) for Tax Payers
Income from Gratuity [Section 10(10)]
Gratuity is a payment made by the employer to an employee in appreciation of the past services rendered...
Tax Treatment of Income which is Partly Agricultural and Partly from Business [Rules 7,7A,7B,8]
Tax Treatment of Partly Agricultural and Partly Non-Agricultural Income Tax Treatment of on Composite...
Section 115F: Exemption on Long-Term Capital Gains from Foreign Exchange Assets for NRIs
Section 115F of the Income Tax Act, 1961, provides a tax exemption to Non-Resident Indians (NRIs) on long-term...
Exemption of Amount payable at the time of Closure or Opting Out of National Pension Scheme (NPS) [Section 10(12A)]
Section 10(12A) of the Income Tax Act, 1961 provides that any amount received by an individual from the...
Power to Withdraw Approval [Section 293C]
1. Overview Section 293C of the Income Tax Act, 1961 empowers the Central Government to withdraw approvals...
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