Income Tax Articles

What is Section 206CQ?

Posted by Neethi V. Kannanth 14 June 2025 455430 Views

Description about Section 206CQ in Form 26AS states that it deals with collection of Tax at source for remittances made under the Liberalised Remittance Scheme. 206CQ is nothing but a TCS deposit challan code.

Gifted Shares Tax: Income Tax Act 1961 Case Study

Posted by FCS Deepak Pratap Singh 06 August 2022 13200 Views

Understand capital gains tax on gifted shares under the Income Tax Act 1961. Learn how to calculate gains and who is liable for tax.

August 2022 Tax Deadlines: Income Tax & GST Compliance

Posted by CS Lalit Rajput 04 August 2022 9581 Views

Stay on top of your August 2022 tax obligations. Find key deadlines for Income Tax (TDS) and GST (GSTR-3B, GSTR-1) filings and payments.

Income Tax Exemption for Political Parties in India

Posted by Sai Charan 04 August 2022 14124 Views

Discover how political parties in India can claim income tax exemption under Section 13A, including conditions and reporting requirements.

Transfer of Property Act 1882: Case Study 5 Explained

Posted by FCS Deepak Pratap Singh 02 August 2022 13057 Views

Explore Case Study 5 on the Transfer of Property Act 1882. Understand how Section 43 protects transferees when property is later acquired by the transferor.

GST on Renting Residential Property: New Rules Explained

Posted by CA Umesh Sharma 01 August 2022 11369 Views

Understand the new GST rules on renting residential property from July 18, 2022. Discover who pays GST and when reverse charge applies.

Constructive Notice in Property Law: Transfer of Property Act

Posted by FCS Deepak Pratap Singh 30 July 2022 6011 Views

Understand constructive notice under the Transfer of Property Act, 1882. Learn about its conditions, presumptions, and exceptions for property transactions.

File ITR Before July 31st: Avoid Late Fees!

Posted by CA Umesh Sharma 29 July 2022 12523 Views

Don't miss the July 31st ITR deadline! Discover documents needed, consequences of late filing, and how to avoid penalties. File now!

Compulsory Income Tax Scrutiny Cases: CBDT Guidelines

Posted by CA Umesh Sharma 28 July 2022 10582 Views

Discover the latest CBDT guidelines for compulsory income tax scrutiny. Understand which cases are selected and why, and ensure your tax returns are accurate.