1. Litigation management when in an appeal by revenue an identical question of law is pending before...
Section 80DDB of the Income Tax Act in India provides a deduction for individuals and Hindu Undivided...
Section 194DA of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payouts from life...
The Goods and Services Tax framework has undergone significant transformations since its implementation...
The National Savings Certificate (NSC) is a fixed Income Investment scheme that you can open with any...
TDS on Salary (Section 192) and TDS on Provident Fund (Section 192A) are provisions under the Income...
Here’s a structured breakdown of the types, definitions, and residential status of companies under the Income...
Section 22 of the Income Tax Act, 1961, defines when and how income from house property becomes taxable.
1....
Section 10(23BBE) of the Income Tax Act provides a complete tax exemption for the income of the Insurance...
Section 194M of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on certain payments made...
Section 10(4) of the Income Tax Act, 1961 in India provides an exemption for certain types of interest...
Here’s a detailed breakdown of Section 270A of the Income Tax Act, 1961, which imposes penalties for under-reporting and misreporting of...
1. Primary Responsibilities of Deductor
Tax Deduction at Source:
Must deduct correct % as per Income...
Here’s a detailed analysis of the taxability of forfeited advance money for transfer of capital assets...
The Goods and Services Tax (GST) Act, 2017, has laid down comprehensive guidelines for recovery proceedings...
Section 115BAC of the Income Tax Act, 1961, introduces a simplified tax regime with lower slab rates...
Section 234H of the Income Tax Act, 1961 imposes a fee for failure to intimate/link one’s Aadhaar...
When non-residents (NRIs/Foreign Investors) transfer shares/debentures of Indian companies, special tax...
1. Legal Basis
Section 206C(3): Mandates deposit of Tax Collected at Source (TCS)to the Central Government...
Section 80GG of the Income Tax Act allows individuals to claim deductions for the rent paid when they...