Draft Trust Deed for A Charitable and Religious Trust
This Trust Deed is made and executed on this [Date] day of [Month], [Year] at [Place] by: SETTLOR: Name:...
Tax Treatment of Compensation Received on Voluntary Retirement [Section 10(10C)]
Compensation received under a Voluntary Retirement Scheme (VRS) or Voluntary Separation Scheme is partially...
TDS on Insurance Commission [Section 194D]
Section 194D of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made as insurance...
[Section 194-IC]: TDS on Payments Under Joint Development Agreements (JDAs) referred to in Section 45(5A)
Section 194-IC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on monetary payments...
Processing of Statement [Section 168]
Section 168 of the Finance Act, 2016 (Chapter VIII) governs the processing of statements furnished under...
Faceless Appeals Before Commissioner (Appeals) – Notification No. 139/2021
The Faceless Appeal Scheme, 2021, introduced via Notification No. 139/2021 dated 28th December 2021,...
Removal of Difficulty Order in respect of ‘Vivad se Vishwas Scheme 2024’- ‘08/2025’
Notification No. 08/2025 [F. No. 370153/01/2025-TPL] Dated 20th January, 2025 MINISTRY OF FINANCE (Department...
[Section 275]: Bar of Limitation for Imposing Penalties
Here’s a detailed analysis of Section 275 of the Income Tax Act, 1961, which governs the time limits...
Tax on Total Income of a Company under Income Tax Act, 1961
1. Basic Framework Companies are taxed on their total incomecomputed under the Income Tax Act, 1961. Tax...
[Section 194G]: TDS on Commission from Lottery Ticket Sales
Section 194G of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on commission or remuneration...
Computation of Income from a Self-Occupied Residential House Property [Section 23(2), (3), (4)]
Under Section 23(2) to (4) of the Income Tax Act, 1961, a self-occupied residential property (SOP) is...
Section 10(15A)- Tax Exemption on Lease Payments for Aircraft
Purpose: This section provides a tax exemption on payments made by an Indian company to a foreign entity...
Revised Return [Section 139(5)]: A Complete Guide
Section 139(5) of the Income Tax Act, 1961, allows taxpayers to correct errors or omissions in their...
Amendments relating to Penalties and Prosecutions by the Finance Bill, 2022
1.  Enabling the Commissioner (Appeals) to levy Penalty under Section 271AAB. 271AAC and 271AAD of the...
[Section 194-O]: TDS on Payments by E-Commerce Operators to Participants
Section 194-O of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made by e-commerce...
Section 10(23D)- Tax Exemption for the income of Certain Mutual Fund
Section 10(23D) of the Income Tax Act provides a tax exemption for the income of certain mutual funds...
Section 92CE: IT Secondary Adjustments
Section 92 of The Income Tax Act 1961, states that any income, expenditure interest & allocation...
Section 13: Cases Where Section 11 Exemption Does Not Apply
Section 13 of the Income Tax Act, 1961 specifies situations where the tax exemptions under Section 11...
Rules for Determining Residential Status of an Individual [Section 6(1) & 6(1A)]
The residential status of an individual is crucial for determining tax liability in India. It classifies...
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...
1 30 31 32 33 34 45
Scroll to Top