Applicable to: Businesses engaged in collecting/processing biodegradable waste
This section provides...
Section 194C of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on payments made to resident...
Section 194EE of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on withdrawals from...
Section 292B of the Income Tax Act, 1961, protects income tax proceedings from being invalidated due...
Section 245 of the Income Tax Act, 1961 allows the Income Tax Department to adjust (set off) a taxpayer’s refund...
1. Overview
Applicability: Mandates sellersto collect Tax at Source (TCS) on receipt of sale consideration from...
Section 80TTA of the Income Tax Act, 1961 provides for a deduction in respect of interest on deposits...
Discover The Latest Income Tax Slabs FY 2025-26 (AY 2026-27). Learn How to Pay Zero Tax Up To ₹12.75...
Death-cum-Retirement Gratuity is an important financial benefit provided to employees in India. It is...
Section 143(3) deals with the scrutiny assessment process in Indian income tax law. This assessment is...
The Faceless Appeal Scheme, 2021, introduced via Notification No. 139/2021 dated 28th December 2021,...
The Post Office has been a trusted place for depositing and transacting with money. This is especially...
Under Section 139(4D) of the Income Tax Act, 1961, research institutions engaged in scientific, social,...
Section 10(23FB) of the Income Tax Act provides a tax exemption for income earned by a Venture Capital...
Amendment of section 5.
147. In the Integrated Goods and Services Tax Act, 2017 (13 of 2017.) (hereinafter...
The Indian Income Tax Act, 1961, governs the taxation of various sources of income in India. One such...
Applicable to: All Individual & HUF Taxpayers
This section caps the total deductions available under...
Section 10(23BBA) of the Income Tax Act provides a tax exemption for the income of any body or authority...
1. Understanding of Section 80-IAC
The Income Tax Act, 1961 provides various deductions for taxpayers...
Exemption of amount received by an individual as Loan under Reverse Mortgage Scheme [Section 10(43)]
Reverse mortgage is a financial scheme that allows senior citizens to convert their home equity into...