Chaitra Seetharam, Author at Tax Guide

Alimony To Wife: Is It Taxable or Non Taxable?

As many of you are aware, the recent news surrounding Atul Subash’s suicide case has raised significant concerns. Allegations of […]

GST rates refer to the percentage of tax imposed on the sale of goods or services under CGST, SGST and

When filing their income tax return (ITR) forms in India, taxpayers often make several common errors. Timely and accurate income

The Supreme Court of India has significantly influenced Indian taxation. The Court has clarified complex legal issues and interpreted tax

TDS on Metal Scrap refers means that a businesses must withhold amount while making payments to suppliers for the purchase

GST on Food Delivery Charges means the tax levied on meals ordered through food delivery platforms like Swiggy, Zomato, etc.

RCM on Commercial Rent refers to the Reverse Charge Mechanism, where the recipient tenant is liable to pay GST on

TCS on the sale of scrap means that the seller collects tax from the buyer at the time of sale.

Capital gains tax is applied on the sale of physical gold, gold mutual funds, gold ETFs, and sovereign gold bonds.

According to Section 156 of the Income Tax Act, 1961, the Income Tax Department will issue a Tax Demand Notice

GST return filing process has seen various changes since its introduction in 2017. Introduction Of GST Indirect taxation in India

Tax filing deadline for businesses requiring audit has been extended from October 31, 2024 to November 15, 2024. These businesses