Income Tax Articles

TCS on Scrap Sales: Rates, Rules & Exemptions

Posted by Chaitra Seetharam 25 July 2025 619 Views

Understand TCS on scrap sales under Section 206C. Learn rates, non-applicability, penalties, and how to claim refunds. Get informed now!

Gold Tax Changes: New Capital Gains Calculation Explained

Posted by Chaitra Seetharam 08 August 2025 47 Views

Discover the latest gold taxation updates. Learn how capital gains are now calculated for physical gold, ETFs, and mutual funds following Budget 2024.

Tax Demand Notice u/s 156: Your Guide

Posted by Chaitra Seetharam 26 February 2026 58 Views

Received a Tax Demand Notice u/s 156? Understand what it means, why it's issued, and your rights. Act now to avoid penalties.

ITR Refund Scrutiny: Common Contact Details Under Watch

Posted by Chaitra Seetharam 24 April 2025 23 Views

Learn about the IT Department's scrutiny on ITR refunds using common contact details. Understand why it's happening and how to avoid delays.

TDS on Metal Scrap: Reporting & Resolution Guide

Posted by Chaitra Seetharam 24 September 2025 122 Views

Understand TDS on metal scrap, reporting requirements, and how to resolve common issues. Learn about rates, forms, and effective dates for B2B transactions.

Vivad Se Vishwas Scheme 2024: New Appellants Benefit

Posted by Chaitra Seetharam 16 September 2025 15 Views

Settle tax disputes with Vivad Se Vishwas Scheme 2024. Learn about benefits for new appellants and how to apply before December 31, 2024.

Section 40A(2)(b): Tax on Related Party Payments

Posted by Chaitra Seetharam 03 July 2025 251 Views

Understand Section 40A(2)(b) of the Income Tax Act. Learn how to claim business expenses paid to related parties and avoid tax disallowances.

Claim Foreign Tax Credit with Form 67 & DTAA

Posted by Chaitra Seetharam 29 July 2025 116 Views

Learn how to claim Foreign Tax Credit using Form 67 under DTAA. Understand prerequisites, filing steps, and due dates to avoid double taxation on your foreign income.