TDS on Purchase of Goods | Section 194Q w.e.f. 1 July 2021
Applicability of Section 194Q: Section 194Q has been introduced via Finance Act, 2021, which requires tax deduction at source @ 0.1% on purchase of goods
Income Tax
Income Tax
Tax Implications on E-Commerce Operators 2021: In Detailed
Applicability of Section 194O – TDS on Payment made to E-Commerce Participant: Section 194O has been introduced in the Union Budget 2020. According to Section
Calculation and Taxability of House Rent Allowance (HRA)
Calculation and Taxability of House Rent Allowance (HRA). Today we are Providing a Premium guide on Calculation and Taxability of House Rent Allowence (HRA). Now you
Tax Exemptions for Leave Travel Allowance, How to calculate LTA ?
Tax Exemptions for Leave Travel Allowance (LTA). This article specifically talks about the exemption which is provided to the employees for the leave travel allowance they
Long Term Capital Gains on Sale of Listed Securities (Section 112A)
The Finance Act, 2018 inserts a new Section 112A with effect from Assessment Year 2019-20. As per the new section capital gains arising from transfer
How to Tackle With Income Tax Notices – A Detailed Guide
How to Tackle With Income Tax Notices. In this article you can find everything you want to know about How to tackle with income tax
TDS Rates 2021-22, Deduction, How to pay TDS, TDS Payment
TDS Rate Chart 2021-22 (Assessment Year) TDS (Tax Deducted at Source). Introduction of TDS: The concept of TDS was introduced with an aim to collect
Tax Treatment of Gifts Received By an Individual or HUF
Tax Treatment of Gifts Received By an Individual or HUF. A very common and frequent question running in the mind of taxpayers is the taxability
How to become an Income Tax officer 2021?: Exam, Eligibility
How to become an Income Tax officer?. An income tax officer is someone who deals with income tax matters concerning the Central Board of Direct
Charitable Trust Introduction and Registration Process
Charitable Trust Introduction and Registration, Trust formed for charitable or religious purposes which are not intended to do commercial activities are allowed various benefits under
Income Tax – What is? Sources, Basics & Important Concepts
Income tax is a tax on the TOTAL INCOME of a PERSON. It is charged on the income of the PREVIOUS YEAR and is assessed
Income Tax Raids, Notices, Assessments – Reasons behind it
Income Tax Raids: The article is mainly about why the Income tax officials conduct raids at your office or house or any other places. This