EASYOFFICE
EASYOFFICE
EASYOFFICE

Income Tax Articles


Taxability In Case Of Partly Agricultural And Partly Non-Agricultural Income

  Ritik Chopra    05 March 2021 at 09:48

Discussing how taxpayers can distribute their income in case of agricultural income and non-agricultural income according to Rules 7, 7A, 7B and 8 of the Income Tax Rules, 1962.



Sec 54B - Exemption From Capital Gain on Transfer of Land used for Agricultural Purposes

  Neethi V. Kannanth    04 March 2021 at 17:00

The exemption u/s 54B is available only if capital gain arises on transfer of land used for agricultural purpose is utilized for purchasing another land which will be utilized for the purpose of agriculture.



Section 196B | TDS on long term capital gains (LTCG) from units referred to in section 115AB

  CA.R.S.KALRA    04 March 2021 at 09:43

Discussing the meaning, rate of TDS, nature of payment etc. of Section 196B which deals with TDS on long term capital gains (LTCG) from units referred to in section 115AB.



Section 195 | TDS on Non-Resident Payments

  CA.R.S.KALRA    03 March 2021 at 09:57

Discussing the meaning, rate of TDS, nature of payment and threshold limit etc. of Section 195 of the Income Tax Act - TDS on Non-Resident Payments.



Section 194O | TDS on E-commerce Operator

  CA.R.S.KALRA    02 March 2021 at 09:52

Discussing Section 194O of the Income Tax Act, which deals with the TDS on E-commerce Operator including its meaning, rate of TDS, and recent amendments etc.



ITR Not Processed Yet? Try these 4 Things!

  Aishna Kukreja    01 March 2021 at 15:38

In case, due to any reason your ITR is not processed, the concerned authorities may ask you to explain further or correct your mistakes. Discussing four reasons why your ITR hasn't been processed and how you can resolve this issue.



Taxation Due Dates Extended under Income Tax (Penalty & Assessment / Re-assessment) and Benami Act

  CS Lalit Rajput    01 March 2021 at 09:50

The Central Board of Direct Taxes has extended various due dates of Assessment and Re-Assessment under the Income Tax Act, together with due dates under the Benami Act.



Section 194N | TDS on cash withdrawal from banks/post offices

  CA.R.S.KALRA    01 March 2021 at 09:50

Discussing Section 194N of the Income Tax Act, which deals with the TDS on cash withdrawal from banks/post offices, including its meaning, rate of TDS, exemptions etc.



Exceptions to the rule - Income of P.Y. is taxable in A.Y.

  Ritik Chopra    27 February 2021 at 14:30

In some cases, income is taxed in the same year in which it is earned and so in these exceptional cases a previous year will also function as an assessment year. Let us discuss those exceptions.



What is E-Tax payment?

  Ayushi Arora    27 February 2021 at 09:45

E-Tax payment is a facility provided to the taxpayers to make income tax payments through the internet, using Net-banking/Debit card of the selected Bank.