Income Tax Articles

Set Off & Carry Forward Business Losses in India

Posted by Taxblock 01 May 2022 5211 Views

Understand how to set off and carry forward business losses in India. Learn the rules for different income heads and maximise your tax benefits.

Income Tax Notices, Appeals & Revisions Explained

Posted by Taxblock 01 May 2022 2042 Views

Understand Income Tax notices, appeals, revisions, and search & seizure procedures. Learn your rights and how to respond effectively to tax authorities.

Minimum Alternate Tax (MAT): What Companies Need to Know

Posted by Taxblock 01 May 2022 3736 Views

Understand Minimum Alternate Tax (MAT) for companies. Learn who pays MAT, how it's calculated, and key exceptions under Section 115JB.

Update UDIN on e-Filing Portal by 30th April

Posted by CA Sachin M Jain 30 April 2022 8349 Views

Don't miss the 30th April 2022 deadline! Learn how to update UDIN on the e-Filing Portal for pending Income Tax forms. Follow our simple steps.

IT Act 1961: Court Decisions on Tax Evasion & Offences

Posted by FCS Deepak Pratap Singh 29 April 2022 5760 Views

Explore key court decisions on IT Act 1961 sections like 276C, 276D, 277, 279, and 281. Understand tax evasion penalties and prosecution.

Tax Planning FY 2022-23: Key Changes & Tips

Posted by FCS Deepak Pratap Singh 27 April 2022 7859 Views

Navigate tax planning for FY 2022-23 with insights on NPS, EPF, updated IT returns, virtual assets, and post office schemes. Plan smart, save more.

Mandatory Income Tax Return Filing: Know Your Obligations

Posted by Neethi V. Kannanth 26 April 2022 15247 Views

Unsure if you need to file an Income Tax Return? Discover the mandatory filing criteria for individuals, companies, and specific financial activities. Get clarity now!

Faceless Assessments: A Poetic Guide to the New Era

Posted by Mayank Mohanka 25 April 2022 5397 Views

Explore the new era of faceless assessments through a poetic tribute. Understand AI, ML, e-filing, and the shift to transparency and efficiency in tax administration.

Non-Compete Fees: Salary Income Ruling by Karnataka HC

Posted by FCS Deepak Pratap Singh 23 April 2022 3836 Views

Karnataka High Court rules non-compete fees paid to key employees are salary income, not taxable in India. Learn about tax implications and withholding obligations.

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

Posted by Rish s 23 April 2022 16576 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.