Section 10(23BBE) of the Income Tax Act provides a complete tax exemption for the income of the Insurance...
Section 10(23EA) of the Income Tax Act provides a tax exemption for income received by an Investor Protection...
Here’s a detailed breakdown of the collection and recovery of Equalisation Levy (EL) under Sections 166...
Any profits or gains arising from the transfer of a capital asset effected in the previous year, shall...
Section 194LBC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on income distributed...
Section 194H of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made as commission...
In the intricate landscape of Goods and Services Tax (GST), the concepts of zero-rated supply and export...
Under Section 240 of the Income Tax Act, 1961, refunds arising from appellate or other proceedings are...
Section 158A of the Income Tax Act, 1961, read with Rule 16 of the Income Tax Rules, 1962, provides a...
Section 80TTA of the Income Tax Act, 1961 provides for a deduction in respect of interest on deposits...
Section 54GB of the Income Tax Act, 1961 in India provides for the exemption of long-term capital gains...
The National Savings Certificate (NSC) is a fixed Income Investment scheme that you can open with any...
Here’s a detailed explanation of Penalty under Section 271AAC of the Income Tax Act, 1961, which applies...
Section 63 defines what constitutes a revocable transfer for the purposes of Section 61. It clarifies...
Under the Income Tax Act, 1961, certain expenses are expressly disallowed while computing taxable income...
Section 264A of the Income Tax Act, 1961, introduced by the Taxation Laws (Relaxation and Amendment)...
Section 10(13A) of the Income Tax Act, 1961 provides an exemption for the House Rent Allowance (HRA) received...
Section 59 deals with deemed income that becomes taxable under the head “Income from Other Sources” when...
1. Making changes or Correction in PAN data
Suppose an applicant needs to change or correct a data on...
As per Section 54D, the Capital Gain arising from the transfer, by way of compulsory acquisition under...