Income Tax Articles

Leave Encashment Tax: Exemption & Taxability Explained

Posted by Neethi V. Kannanth 06 May 2022 11234 Views

Understand the taxability and exemption rules for leave encashment in the UK. Learn how much you can claim and when it's taxed.

November 2021 Tax Deadlines: Income Tax & GST Compliance

Posted by Neethi V. Kannanth 06 May 2022 6945 Views

Stay on top of your November 2021 tax obligations! Discover key Income Tax and GST due dates for compliances, filings, and payments.

Section 194P: Tax Deduction for Senior Citizens

Posted by CA.R.S.KALRA 06 May 2022 2125 Views

Discover Section 194P, allowing specified banks to deduct tax for senior citizens aged 75+, exempting them from filing income tax returns. Learn the conditions....

Section 271B Penalty: Failure to Get Accounts Audited

Posted by CA.R.S.KALRA 06 May 2022 9326 Views

Understand the penalty for not getting accounts audited under Section 271B. Discover reasonable causes that may prevent penalties. Learn more now!

Income Tax Reassessment Notices Validated by Supreme Court

Posted by CA. Brijesh Baranwal 05 May 2022 9692 Views

Supreme Court validates income tax reassessment notices under new provisions (w.e.f. 01.04.2021). Learn about the new rules and implications.

Virtual Digital Assets Tax: Section 115BBH Explained

Posted by Susmita Dutta, CA , CPA 05 May 2022 18832 Views

Understand income tax on virtual digital assets like Bitcoin under Section 115BBH. Learn about the 30% tax rate, TDS, and gift tax implications.

Updated Income Tax Returns: New ITR-U Form Explained

Posted by Susmita Dutta, CA , CPA 02 May 2022 16309 Views

Learn about the new ITR-U form for updated income tax returns under Section 139(8A). Discover eligibility, deadlines, and how to file correctly.

Pay 0 Tax on Rs. 20 Lac Salary: Your Guide

Posted by Mubina Kapasi 02 May 2022 18939 Views

Discover how to structure your salary and make tax-saving investments to pay zero tax on an income up to Rs. 20 lac in India. Read our expert guide now!