Understanding Section 250 of the Income Tax Act: All You Need to Know about...
Section 250 of the Income Tax Act deals with the power of the Commissioner (Appeals) to rectify any mistake apparent from the record. In...
Section 80D of Income Tax Act: Understanding the Provisions and Benefits
Section 80D of the Income Tax Act provides taxpayers with a deduction on the amount they pay for medical insurance or medical expenses for...
Section 270AA of Income Tax Act: All You Need to Know
Section 270AA of the Income Tax Act: An Overview
Section 270AA of the Income Tax Act, 1961 was introduced by the Finance Act, 2016, and...
Understanding Income Tax in India: Exemptions and Frequently Asked Questions
Under the Income Tax Act of India, there are several exemptions provided to taxpayers for various types of income. These exemptions are granted to...
Understanding Section 112A of the Income Tax Act: A Comprehensive Guide
Section 112A of the Income Tax Act was introduced in 2018, and it has become an essential part of tax planning for investors in...
Understanding Section 206CQ of the Income Tax Act: What You Need to Know
Understanding Section 206CQ of Income Tax Act
The Indian Income Tax Act, 1961, contains several provisions that regulate tax deductions and collections. Section 206CQ is...
Section 194BB of Income Tax Act: Understanding TDS on Horse Race Winnings
Understanding Section 194BB of Income Tax Act
Section 194BB of the Income Tax Act deals with the tax deduction at source (TDS) on winnings from...
Understanding Section 56(2)(viia) of Income Tax Act
Understanding Section 56(2)(viia) of Income Tax Act
Section 56(2)(viia) of the Income Tax Act is a provision that deals with the taxation of income arising...
Section 80GGB of the Income Tax Act: Tax Deductions for Political Donations
Section 80GGB of the Income Tax Act: An Overview
Section 80GGB of the Income Tax Act, 1961 allows Indian companies and Indian taxpayers to claim...
Understanding Section 22 of the Income Tax Act: Computation of Annual Value of Immovable...
Section 22 of the Income Tax Act, 1961 deals with the computation of annual value of property consisting of buildings or lands appurtenant thereto....