Section 194EE of the Income Tax Act, 1961, mandates Tax Deducted at Source (TDS) on withdrawals from...
Section 10(4) of the Income Tax Act, 1961 in India provides an exemption for certain types of interest...
Retirement benefits such as pension, gratuity, provident fund, and leave encashment are taxed differently...
Section 73 of the Income Tax Act, 1961, governs the treatment of speculation business losses, imposing...
Agricultural income holds a special position in India’s taxation system, with specific exemptions...
Under the Income Tax Act, 1961, certain transactions involving capital assets are excluded from the definition...
An Association of Persons (AOP), whether incorporated or not, is treated as a `person` under section...
Section 169 of the Finance Act, 2016 (Chapter VIII) governs the rectification of mistakes in the context...
Section 158AA of the Income Tax Act, 1961 (inserted via Finance Act, 2015) provides a mechanism to prevent...
Section 9 of the Income Tax Act, 1961 is an important provision that deals with the taxation of income...
The Budget Speech for 2025-26 by Finance Minister Nirmala Sitharaman, presented in Parliament, outlines...
Section 142A of the Income Tax Act, 1961 empowers the Assessing Officer (AO) to refer matters of asset...
Section 44AB of the Income Tax Act, 1961 mandates a compulsory tax audit for businesses and professionals...
Section 10(12A) of the Income Tax Act, 1961 provides that any amount received by an individual from the...
Section 220(2) of the Income Tax Act, 1961, imposes interest @ 1% per month on unpaid tax demands if...
Section 196B of the Income Tax Act, 1961 governs the Tax Deducted at Source (TDS) on income paid to non-residents or foreign...
[Section 46A] : Capital Gains on Purchase by Company of its Own Shares or Other Specified Securities
(1) Capital gains tax is an important aspect of the Indian Income Tax Act, 1961. Section 46A of...
Section 293D empowers the Central Government to implement a faceless (digital) scheme for granting approvals...
Annual Value is the taxable value assigned to a property for calculating “Income from House Property”....
List of all Other Deductions which are specified under section 36 of the Indian Income Tax Act,1961,...