Income Tax is a tax levied directly on the income or wealth of a person. Here is a complete guide on Income tax returns, slab rates and e-filing.
The government of India has made corporate tax reductions. This article covers the impact of Corporate Tax reduction on Cost of Capital of the Company
Supreme Court on Registration under section 12AA of Income Tax Act 1961
Section 194I TDS on Rent of the Income Tax Act 1961 contains provisions with respect to TDS deduction on payment of rent.
Form 16B is a certificate for tax deducted at source under section 3 of the Income Tax Act on the sale of Immovable Properties.
In India, companies are taxed on their income according to their residential status. A company with residential status in India will be taxed on its global income whether earned in India or outside India whereas a non resident company will be taxed only on income received, accrued or arise in India.
Section 194J of the Income Tax Act 1961 contains provisions with respect to TDS deduction on fees for professional or technical services.
The ‘Vivad se Vishwas’ Scheme was announced during the Union Budget, 2020, to provide for dispute resolution in respect of pending income tax litiga..
05 March 2020 at 10:31
How to plan for Foreign Travel and its TCS under Income tax w.e.f. 01.04.2020?
Finance Bill, 2020 proposed to Insert sec 194-O, where E-commerce Operator ("Operator") liable to deduct TDS from payment made to E-commerce participant ("Participant") in respect of sale of goods or services or both facilitated by operator through its digital or electronic platform, at rate of 1%, at time of credit or payment w. e. earlier.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
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