Income Tax Articles

Sec 10(34A) Buyback Tax Exemption: Is It Fully Tax-Free?

Posted by Rish s 23 April 2022 16574 Views

Explore Section 10(34A) regarding buyback of unlisted shares. Discover if this income is truly tax-exempt and understand potential disallowances under Section 14A.

Section 115BAB: Lower Tax Rate for New Manufacturers

Posted by Rish s 20 April 2022 10925 Views

Discover Section 115BAB for manufacturing companies. Learn about the 15% tax rate, eligibility, and conditions for this attractive tax incentive.

Which ITR Form to Use? Guide to Income Tax Return Filing

Posted by CA Rahul Mittal 19 April 2022 10117 Views

Confused about which Income Tax Return (ITR) form to file? This guide explains the different ITR forms and which one suits your income sources.

Cash Transaction Tax Complications: Avoid Penalties

Posted by CA Rahul Mittal 18 April 2022 10730 Views

Understand the tax complications of cash transactions in the UK. Learn about limits, exceptions, and penalties to ensure compliance and avoid fines.

Deemed Dividend Taxability FY 20-21: Section 2(22)(e)

Posted by Rish s 18 April 2022 6480 Views

Understand deemed dividend tax rules under Section 2(22)(e) for FY 20-21. Learn what's taxed, when, and exceptions for shareholders.

Key Judgments: Income Tax, GST, IBC & Corporate Law

Posted by FCS Deepak Pratap Singh 16 April 2022 6040 Views

Explore crucial rulings on Income Tax, GST, IBC, and corporate laws. Understand GST on pizza topping, business vs. house property income, and more.

Income Tax: Unsold Flats & Charity Registration Explained

Posted by FCS Deepak Pratap Singh 16 April 2022 10591 Views

Understand how unsold flats are taxed as business income and the new registration process for charitable trusts under Sections 11 & 12.

Loan Waiver & Depreciation: Tax Implications Explained

Posted by FCS Deepak Pratap Singh 13 April 2022 3265 Views

Understand how waiving a loan or liability for depreciable assets affects your depreciation claims and tax. Learn about WDV adjustments and potential income additions.