Income arising to a shareholder on account of Buy Back of Shares is governed by Section 10(34A) of the...
1. Key Provision
Section 37(2B)of the Income Tax Act, 1961, disallows any deduction for expenses incurred...
Here’s a detailed table summarizing the tax treatment of Provident Fund (PF) contributions, interest,...
Section 10(48A) of the Income Tax Act provides an exemption in respect of income earned by a foreign...
The Income Tax Appellate Tribunal (ITAT) is the final fact-finding authority under the Income Tax Act,...
Here’s a detailed explanation of Section 269T of the Income Tax Act, 1961, which governs the mode of...
When an employer provides accommodation in a hotel, guest house, or similar facility, its taxability...
Provident Fund Scheme is a welfare scheme for the benefit of the employees. Under this scheme, certain...
The Income Tax Act, 1961 allows charitable and religious trusts to apply for belated registration under Section...
Voluntary Retirement Scheme (VRS) is a mechanism used by companies to reduce their workforce by offering...
Section 10(23BBA) of the Income Tax Act provides a tax exemption for the income of any body or authority...
Section 191 provides for situations where tax is not deducted at source (TDS) as required under other...
This Trust Deed is made and executed on this [Date] day of [Month], [Year] at [Place] by:
SETTLOR:
Name:...
1. Individual and HUF Applicants who are Citizens of India and Located Within and Outside India at the...
Enrolment Duration
Expenditure Duration
Beneficiaries
Central Outlay
Years
(lakhs)
(Rs....
Applicable to: Individual authors/researchers (Indian residents)
This section provides tax relief on royalty...
Under Section 54G, the Exemption is available to all categories of assessees in respect of Capital Gain...
Section 44AE of the Income Tax Act, 1961 provides a simplified presumptive taxation scheme for businesses...
The Public Provident Fund (PPF) scheme is a very popular long-term savings scheme in India because of...
It was introduced under chapter VIII of Finance Act, 2016. This chapter came in to force from 1st June,...