Section 80IA of Income Tax Act: Benefits for Infrastructure Development Projects
Understanding Section 80IA of Income Tax Act
Section 80IA of the Income Tax Act, 1961 is a provision that provides tax benefits to businesses that...
Understanding Section 194J of the Income Tax Act 1961: TDS on Professional or Technical...
Introduction
The Income Tax Act, 1961 has several provisions that govern the deduction of tax at source (TDS) from payments made by certain categories of...
Understanding Section 142(2) of the Income Tax Act: Power to Issue Notices for Production...
Section 142(2) of the Income Tax Act: Understanding its Significance
Section 142(2) of the Income Tax Act is an important provision that has significant implications...
Section 86 of Income Tax Act: A Comprehensive Guide to Part-Time Business and Profession...
Section 86 of the Income Tax Act deals with income from part-time businesses or professions. In this blog, we will explore the different aspects...
Understanding Section 234 of the Income Tax Act: Everything You Need to Know
Understanding Section 234 of Income Tax Act
The Income Tax Act of India is the legislation that governs the payment and collection of taxes in...
Maximizing Tax Benefits: A Guide to Section 80C and Section 24 of Income Tax...
Section 24 of the Income Tax Act AY 2020-21 deals with the deduction of interest on home loans. This section provides for two types...
Understanding Section 194C of Income Tax Act, 1961 – TDS on Payments to Contractors...
Section 194C - An Overview
Section 194C of the Income Tax Act, 1961 is a provision that deals with the Tax Deducted at Source (TDS)...
Understanding Section 73A of the Income Tax Act: Treatment of Speculative Business Losses
Understanding Section 73A of the Income Tax Act
Section 73A of the Income Tax Act, 1961 is a provision that deals with the treatment of...
Understanding Section 221 of the Income Tax Act: Consequences of Non-Payment of Tax
Section 221 of the Income Tax Act deals with the consequences of non-payment of tax, including penalties and interest charges. This section is an...
Section 87A of Income Tax Act AY 2021-22: Everything You Need to Know
Section 87A of the Income Tax Act, of 1961 provides a tax rebate to eligible individuals whose total income is below a certain threshold....