Income Tax Articles

Clubbing of Income Explained: Rules & Exceptions

Posted by Neethi V. Kannanth 16 June 2022 9614 Views

Understand clubbing of income under Section 64 of the IT Act. Learn who, when, and why income is clubbed, plus key exceptions. Get informed!

Section 80JJAA: Tax Deduction for New Employees

Posted by Gurleen Kaur 11 June 2022 10950 Views

Boost your business with Section 80JJAA! Claim up to 190% tax deduction on salaries for new hires. Learn eligibility & how to claim.

TDS on Business Benefits: Section 194R Explained

Posted by Gurleen Kaur 11 June 2022 26431 Views

Understand Section 194R TDS on business benefits & perquisites from July 2022. Learn rates, limits, and exemptions. Get compliant now!

Reporting High Value Cash Transactions: Section 285BA Guide

Posted by CA.R.S.KALRA 06 June 2022 11051 Views

Understand your obligations under Section 285BA for reporting high-value financial transactions. Learn about specified transactions and reporting requirements.

AML/CFT Guidelines for Insurers: Master Guide

Posted by FCS Deepak Pratap Singh 03 June 2022 4896 Views

Master the latest AML/CFT guidelines for insurers. Learn about PEPs, suspicious transactions, KYC, and enhanced due diligence. Protect your business.

Reporting Special Financial Transactions (SFT) in the UK

Posted by Neethi V. Kannanth 02 June 2022 10333 Views

Learn about Statement of Financial Transaction (SFT) reporting requirements, thresholds, forms, and penalties. Ensure compliance with tax authorities.

Aadhaar PAN Linking Resumes: Link Yours Today!

Posted by CA Puja Sharma 02 June 2022 10067 Views

The Income Tax Department has resumed Aadhaar PAN linking from June 1st, 2022. Find out how to link yours and who is exempt. Read our guide now!

Income Tax Act: Interest on Late Filings & Payments

Posted by Neethi V. Kannanth 01 June 2022 5522 Views

Understand interest levied under Income Tax Act sections 234A, 234B, and 234C for late returns, unpaid advance tax, and missed instalments. Learn rates & periods.