Income Tax Articles

Section 195 Income Tax: TDS for Non-Residents

Posted by Chetan Chauhan 09 January 2023 5626 Views

Understand Section 195 of India's Income Tax Act. Learn about TDS on payments to non-residents & foreign companies, rates & obligations.

Gift Tax Rules: Income Tax Act 1961 Explained

Posted by FCS Deepak Pratap Singh 09 January 2023 4841 Views

Understand gift tax under the Income Tax Act, 1961. Learn what gifts are taxable, exemptions, and how property gifts are treated. Get clear guidance.

Income Tax Notice: What It Is & How to Respond

Posted by Aisha 06 January 2023 11213 Views

Received an income tax notice? Understand common reasons, types of notices, and essential steps to respond promptly and avoid penalties. Get informed now.

Compounding Offences Under IT Act: Guidelines Explained

Posted by CA Ankit Gulgulia (Jain) 02 January 2023 14245 Views

Understand the latest guidelines for compounding offences under the Income Tax Act 1961. Learn eligibility, procedures, and charges. Read now!

Direct Tax Collections: Real Economic Growth Indicator

Posted by Ishwin Kaur 31 December 2022 4630 Views

Discover how surpassing direct tax collection targets signifies genuine economic growth. Learn about India's FY23 tax performance and what it means for the economy.

Belated ITR Filing Deadline: 31st Dec for FY 2021-22

Posted by Mitali 28 December 2022 8899 Views

Missed the ITR deadline? File your belated Income Tax Return for FY 2021-22 by 31st December 2022. Learn about reasons to file and potential penalties.

Section 68: Unexplained Cash Credits Explained

Posted by Anchal Gupta 24 December 2022 10771 Views

Understand Section 68 of the Income Tax Act regarding unexplained cash credits. Learn when such credits can be taxed as income and the conditions for assessment.

Supreme Court Ends Tax Evasion via Partnership Firms

Posted by FCS Deepak Pratap Singh 07 December 2022 20320 Views

Discover how the Supreme Court has closed the loophole allowing tax evasion through partnership firms, particularly on property transfers. Learn about the implications.

December 2022 Tax Compliance Deadlines: Income Tax & GST

Posted by CS Lalit Rajput 02 December 2022 5836 Views

Stay compliant this December 2022! Find all Income Tax and GST due dates, including TDS, advance tax, GSTR-3B, GSTR-1, and annual returns. Don't miss out!