Understanding Section 115QA of the Income Tax Act: Tax on Buyback of Shares
Section 115QA of the Income Tax Act was introduced in the Finance Act, of 2013, and pertains to the tax on the buyback of...
Understanding Section 201(1a) of the Income Tax Act: Responsibilities and Consequences for TDS Deduction...
Section 201(1a) of the Income Tax Act is an important provision that deals with the liability of a person to deduct tax at source...
Understanding Section 133(6) of the Income Tax Act: A Comprehensive Guide
Section 133(6) of the Income Tax Act is an important provision that gives income tax authorities the power to requisition books of accounts or...
Understanding Section 10(10D) of the Income Tax Act
Section 10(10D) of the Income Tax Act, 1961 provides tax benefits to policyholders who have purchased a life insurance policy. The provision aims to...
Understanding Section 44AB(b) of the Income Tax Act, 1961: A Comprehensive Guide
Section 44AB(b) of the Income Tax Act, 1961, is an important provision that mandates certain taxpayers to get their accounts audited. In this blog...
Understanding Section 115BCA of the Income Tax Act
The Indian income tax system is governed by a set of rules and regulations laid down in the Income Tax Act, 1961. Section 115BCA...
Understanding Section 115BA of the Income Tax Act for New Manufacturing Companies
Section 115BA of the Income Tax Act: Understanding the Provisions
Section 115BA of the Income Tax Act was introduced in the Union Budget of 2016...
Understanding Section 80IA of the Income Tax Act: Eligibility, Benefits, and Sectors Covered
Section 80IA of the Income Tax Act: An Overview
Section 80IA of the Income Tax Act, 1961 is a provision that provides tax benefits to...
The Power of Section 281 of the Income Tax Act: Understanding Asset Attachment and...
The Income Tax Act, 1961 is the primary legislation governing the taxation of income in India. Section 281 of the Income Tax Act deals...
Understanding Section 36 of Income Tax Act – All You Need to Know
Section 36 of the Income Tax Act, 1961, lays down the provisions for deductions allowed in computing the income chargeable under the head 'Profits...