194A: TDS ON INTEREST OTHER THAN INTEREST ON SECURITIES Understanding Section 194A: TDS on Interest...
194A: TDS ON INTEREST OTHER THAN INTEREST ON SECURITIES Understanding Section 194A: TDS on Interest...
194A: TDS ON INTEREST OTHER THAN INTEREST ON SECURITIES Understanding Section 194A: TDS on Interest other than Interest on securities Introduction: Section 194A of the Income Tax Act, 1961, deals with...
LEAVE TRAVEL CONCESSION/ALLOWANCE (LTC/LTA) Leave Travel Concession/Allowance (LTC/LTA): Overview: Leave Travel Concession (LTC) or Leave Travel Allowance (LTA) is a benefit provided by employers to...
HOW TO SAVE TAX ON PURCHASE OF NEW PROPERTY/FLAT Tax Saving on Purchase of New Property/Flat: Deduction under Section 80C: You can claim a deduction of up to Rs. 1.5 lakh under Section 80C for the...
SECTION 194N-TDS ON CASH WITHDRAWAL Section 194N of the Income Tax Act 1961: Introduction: Section 194N of the Income Tax Act, 1961, was introduced through the Finance Act, 2019. It outlines...
WHO SHOULD FILE INCOME TAX RETURN (ITR)? Filing an Income Tax Return (ITR) is a crucial annual obligation in India, ensuring compliance with tax laws and determining tax liability or refunds. Various...
WHO IS REQUIRED TO FILE INCOME TAX RETURN (ITR) Income Tax Return Filing Requirements: Mandatory Filing Criteria: Threshold: Income Tax return filing is mandatory if an individual’s Total Income...
WHEN TO FILE ITR MANDATORILY The Income Tax Act serves as a cornerstone in India’s taxation system, with Section 139(1) stipulating the obligation for certain individuals and entities to file...
WHAT TAX PROCEDURES SHOULD I FOLLOW AS AN IT FREELANCER PROVIDING SERVICES TO FOREIGN CLIENTS? Introduction In recent years, the surge of the digital economy has propelled Indian freelancers into a...
UPDATED RETURN UNDER SECTION 139(8A) Understanding the Option to Furnish Updated Return 1. Option to Furnish Updated Return Timeframe Any individual can submit an updated return of income for the...
WHO SHOULD FILE INCOME TAX RETURN (ITR)? Filing an Income Tax Return (ITR) is a crucial annual...
WHO IS REQUIRED TO FILE INCOME TAX RETURN (ITR) Income Tax Return Filing Requirements: Mandatory...
WHEN TO FILE ITR MANDATORILY The Income Tax Act serves as a cornerstone in India’s taxation...
UNDERSTANDING SECTION 68 OF INCOME TAX ACT: UNEXPLAINED CASH CREDIT EXPLAINED Introduction...
TOP 15 INCOME TAX AMENDMENTS APPLICABLE FROM 1ST APRIL 2023 Key Highlights of Recent Tax Changes New...
TDS UNDER SECTION 194H: AN ANALYTICAL REVIEW Tax Deduction at Source (TDS) on Commission or...
TDS ON TRANSFER OF VIRTUAL DIGITAL ASSETS (VDA) – SECTION 194S Understanding Section 194S: TDS on...
TDS ON SALARY UNDER SECTION 192 Introduction: Section 194 of the Income Tax Act, 1961 outlines...
TDS CORRECTION Rectifying Errors in TDS Return: A Step-by-Step Guide Introduction: Ever found...
