Section 10(4H) of the Income Tax Act, 1961 in India provides an exemption for certain income earned by...
1. Mandatory E-Filing Requirement
All tax deductorsmust electronically file quarterly TDS statements
Applies...
Section 194H of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made as commission...
Section 194LBB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on income distributed...
If you missed the deadline to claim a tax refund, you may still file a delayed refund claim under specific...
Section 234E of the Income Tax Act, 1961, imposes a late filing fee for delays in submitting TDS (Tax...
Ministry of Finance
Posted On: 22 JAN 2025 8:09PM by PIB Delh
CBDT notifies amendments in Income-tax...
Section 56(2)(viib) of the Income Tax Act, 1961, is a provision that pertains to closely-held companies...
(A) In the case of every Individual or Hindu Undivided Family (HUF)
(A1) If the individual or HUF...
Under Section 246A of the Income Tax Act, 1961, taxpayers can file an appeal before the Commissioner...
Section 198 of the Income Tax Act, 1961 establishes a fundamental principle that any tax deducted at...
Section 194LB of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest payments...
1. Overview
Section 115BBD provided a concessional tax rate of 15% (plus surcharge and cess) on dividends...
A Notified Institution refers to any entity or body corporate established by the Central Government or...
Section 9, Income Accrue or Deemed to Accrue or Arise in India :
Section 9 describes the Incomes which...
Purpose:
This section provides a full tax exemption on any scholarship granted to meet educational expenses,...
Section 241A allows the Income Tax Department to withhold refunds in certain cases, even if a taxpayer...
(1) In the world of business and taxation, there are various provisions and regulations that govern...
Section 194-IC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on monetary payments...
Under the Goods and Services Tax (GST) regime, Goods Transport Agency (GTA) and EWAY BILL are critical...