1. Legal Provision
Section 206C(6)imposes penalties on sellers/collectors who fail to collect Tax Collected...
List of all Other Deductions which are specified under section 36 of the Indian Income Tax Act,1961,...
Section 10(6D) provides a tax exemption to non-residents (other than foreign companies) on income received...
1. Litigation management when in an appeal by revenue an identical question of law is pending before...
1. Core Principle (Tax Credit Mechanism)
Shield for Taxpayers: When tax has been duly deducted at source...
S.O. 614(E).-In exercise of the powers conferred by sub-section (2) of section 168 of Finance Act, 2016...
Section 10(19A) of the Income Tax Act, 1961, exempts the annual value of one palace in the occupation...
Section 10(12) of the Income Tax Act governs the tax treatment of withdrawals from a Recognised Provident...
1. Clarification in respect of Disallowance under Section 14A in absence of any Exempt Income during...
Section 10(23BBB)- Tax Exemption for income earned by the European Economic Community (EEC) in India
Section 10(23BBB) of the Income Tax Act provides a tax exemption for income earned by the European Economic...
Section 132 of the Income Tax Act, 1961, empowers the Income Tax Department to conduct search and seizure...
Special Provisions for computing Business income in certain cases on the basis of Estimated Income Method...
Purpose:
This section provides a 100% tax exemption to foreign companies on income earned from leasing cruise...
Section 10(12A) of the Income Tax Act, 1961 provides important tax benefits for withdrawals from the...
We will continue our efforts to simplify taxes, improve tax payer services, provide tax certainty and...
The Companies Act, 2013 outlines various penalties and offences that can be imposed on companies and...
A. Basic Conditions for Section 11 (Income from Property Held for Charitable/Religious Purposes)
Registration...
Section 194N of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on cash withdrawals exceeding...
Section 80RRB of the Income Tax Act, 1961, provides for a deduction in respect of royalty income received...
Section 10(12B) of the Income Tax Act, 1961 provides tax exemption to partial withdrawals from the National...