Income Tax Articles

The Rise of Paid Online Gaming: Understanding Taxation in the Digital World

Posted by Aisha 18 April 2023 5160 Views

In this blog, we will explore the taxation of paid online gaming and discuss how it differs from traditional gaming. We will also delve into the various taxes that may apply to online gaming and examine the legal and regulatory landscape for online gaming taxation.

Income Tax Amendments applicable for AY 2023-24 (FY 2022-23)

Posted by Geetanjali Pandey 18 April 2023 18138 Views

This article will outline some of the important amendments made by Finance Act, 2023 which is applicable for FY 2022-23 (AY 2023-24) which we need to take care of while filing ITR of AY 2023-24.

Guide to Filing Income Tax Return for Freelancers and Self-Employed Individuals in FY 22-23

Posted by Rashmi 17 April 2023 11092 Views

Here are some points to keep in mind while filing a tax return as a freelancer or self-employed individual

Digitization: A revolution in Indian Taxation

Posted by Ayush Vats 17 April 2023 4065 Views

Digitization has sparked a revolution in the Indian Income Tax Department, providing a multitude of benefits to both taxpayers and the government. With the advent of digitization, the Income Tax Department has made significant progress in modernizing various tax-related processes.

Taxability u/s 115BAC vs Taxability under Normal Provisions of IT Act

Posted by Latish Alwani 14 April 2023 2750 Views

Section-115BAC (Summarised Provisions)

Confused about which Tax Regime to choose?

Posted by CA Garima Bajpai 13 April 2023 12457 Views

Old Regime with Deductions and Exemptions, or New Regime with Lower Slab Rates, but Fewer Exemptions

New ITR Forms for FY 2022-23 (AY 2023-24): Everything you need to know to file your taxes

Posted by Rashmi 13 April 2023 32153 Views

The Income Tax Department has released JSON Schema for ITR 1 and ITR 4 for the Assessment Year 2023-24 (corresponding to the Financial Year 2022-23).

Impact of Amendment by Finance Act, 2023 on Non-Resident/Not Ordinarily Resident

Posted by Geetanjali Pandey 11 April 2023 5135 Views

A person is said to be non-resident individual if satisfies any of the following conditions

Section 194BA: TDS on Winnings from Online Gaming

Posted by JITESH TELISARA and ASSOCIATES 11 April 2023 5580 Views

All the income earned through winnings from lottery, crossword puzzle, gambling, betting, horse racing and any similar nature were taxed under section 194B of t...