Section 194C of the Income Tax Act: TDS on Payments to Contractors, Sub-Contractors, and...
Section 194C of the Income Tax Act: An Overview
Section 194C of the Income Tax Act deals with tax deducted at source (TDS) on payments...
Understanding Section 54EC of Income Tax Act 2018: A Comprehensive Guide
Section 54EC of the Income Tax Act, 2018 provides for exemption from capital gains tax on the sale of specified assets, subject to certain...
Section 10(23C) of Income Tax Act 1961: All You Need to Know
Introduction
Section 10(23C) of the Income Tax Act, 1961 is an important provision that exempts certain types of income of specified entities or institutions from...
Understanding Section 90 and 90A of the Income Tax Act: Relief from Double Taxation...
Understanding Section 90 and 90A of the Income Tax Act
The Income Tax Act of India includes several provisions that enable taxpayers to claim relief...
Notice under Section 148 of Income Tax Act: All You Need to Know
The Income Tax Act, 1961 provides for the assessment of income tax of individuals and entities in India. One of the important provisions of...
Analysis of Section 194O of Income Tax Act for E-commerce Operators
Introduction:
Section 194O of the Income Tax Act was introduced in the Union Budget 2020 and is applicable from 1st October 2020. The provision requires...
Section 206C of Income Tax Act 2018: All You Need to Know About Tax...
Section 206C of the Income Tax Act, 1961 was inserted by the Finance Act, 2020 with effect from 1st October 2020. It is an...
Understanding Section 41(1)(a) of the Income Tax Act: Implications for Taxpayers.
Section 41(1)(a) of the Income Tax Act is a provision that deals with the treatment of certain gains and profits as taxable income. This...
Understanding Section 115BAA of Income Tax Act 1961: Lower Tax Rate for Domestic Companies
Introduction:
The Income Tax Act, 1961 provides various provisions to help taxpayers reduce their tax liabilities. Section 115BAA is one such provision that was introduced...
Understanding Sections 90 and 91 of the Income Tax Act for Double Taxation Relief
Section 90 and 91 of the Income Tax Act: An Overview
The Income Tax Act is the governing law in India that outlines the taxation...