Income Tax Articles

Income Tax Loss Set-Off & Carry Forward Explained

Posted by Amul Jain 29 July 2023 1585 Views

Understand income tax loss set-off and carry forward rules in India. Learn how to adjust current year losses and carry forward unadjusted losses to future tax years.

Avoid TCS on Foreign Tours: Indian Traveller's Guide

Posted by Rashmi 28 July 2023 36399 Views

Indian travellers: Discover ways to avoid the 20% TCS on foreign tour packages. Learn about international bookings, payment methods & more.

India Income Tax Deadlines & Penalties: File Your ITR On Time

Posted by Rashmi 28 July 2023 5072 Views

Understand India's income tax return deadlines and penalties. Learn about the new Rs. 5,000 maximum penalty and Rs. 1,000 for small taxpayers. File on time!

Taxation on Virtual Digital Assets (VDAs) Explained

Posted by Poojitha Raam Vinay 28 July 2023 1903 Views

Understand the taxation of Virtual Digital Assets (VDAs) in the UK. Learn about tax rates, reporting, and TDS implications under Finance Act 2022. Get informed now!

Professional Tax India: Your Guide to Registration & Compliance

Posted by Nikita Agarwal 28 July 2023 4265 Views

Understand India's Professional Tax. Learn who needs to pay, registration steps, filing, and compliance. Stay updated on state-specific rules.

Cash Deposit Rules: Avoid 60% Tax Penalty

Posted by Gautam Bharthry 28 July 2023 6066 Views

Understand India's cash deposit rules. Learn about bank reporting limits and the severe 60% tax penalty for undisclosed cash transactions. Stay compliant!

Unlisted Shares Tax: Your Guide to UK Investor & Company Rules

Posted by Nikita Agarwal 27 July 2023 6065 Views

Understand the tax implications of investing in unlisted shares in the UK. Learn about capital gains, dividends, and company tax responsibilities. Get informed!...

Taxation of Non-Residents' Shipping Business: Section 172

Posted by CA Mehul Thakker 26 July 2023 10318 Views

Understand Section 172 of the Income Tax Act for taxing non-residents' shipping business. Learn about overriding provisions, tax rates, and compliance.