Applicable to: Individual authors/researchers (Indian residents)
This section provides tax relief on royalty...
The Supreme Court of India’s decision in the case of Chief Commissioner of Central Goods and Services...
Understanding Section 10(8)
Section 10(8) provides tax exemption for income received by:
Foreign technicians/experts
Employees...
Tax Treatment of Partly Agricultural and Partly Non-Agricultural Income
Tax Treatment of on Composite...
Section 43CB of the Income Tax Act, 1961 standardizes the computation of income from construction contracts and service...
Section 10(10CC) provides a unique tax benefit where certain perquisites paid by employers are exempt...
Section 72 of the Income Tax Act, 1961, governs the carry forward and set-off of business losses, allowing...
Section 10(23ED) of the Income Tax Act provides a tax exemption for income received by an Investor Protection...
Here’s a structured table summarizing the penal provisions related to Tax Collected at Source (TCS) under Sections...
SCSS is a savings product available for senior citizens aged 60 or above. On the date of opening an SCSS...
Section 10(23BBC) of the Income Tax Act provides a tax exemption for the income of the SAARC Fund for...
The Central Board of Indirect Taxes and Customs (CBIC) has released Notification No. 12/2024–Central...
Section 194LC of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on interest payments...
Applicable to: Individuals & HUFs (for self or dependent relatives)
This section provides tax relief...
(1) Introduction to Section-72
Section 72, which deals with the carry forward and set off of business...
In the intricate landscape of Goods and Services Tax (GST), the concepts of zero-rated supply and export...
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
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New...
The Income Tax Act, 1961, allows for the waiver or reduction of interest in certain cases, primarily...
For income to be taxed under the head “Income from House Property” (Sections 22-27 of the...
The Income Tax Act, 1961 allows charitable and religious trusts to apply for belated registration under Section...