Understanding Section 269ST of the Income Tax Act: Restrictions on Cash Transactions
Section 269ST of the Income Tax Act was introduced in the year 2017, as a part of the government's efforts to curb black money...
Section 115BAA of the Income Tax Act: A Guide to Lower Tax Rates for...
Section 115BAA of the Income Tax Act, 1961 is a provision that was introduced by the Finance Act, 2019, and came into effect from...
Understanding Section 16(ia) of the Income Tax Act: Exemption on House Rent Allowance (HRA)
Section 16(ia) of the Income Tax Act, 1961 is a crucial provision that governs the tax treatment of salary income. The section deals with...
Understanding Section 12A of the Income Tax Act: Tax Exemptions for Charitable and Religious...
Section 12A of the Income Tax Act, 1961 is a provision that allows for the exemption of income earned by charitable or religious trusts...
Understanding Section 269SS of the Income Tax Act – Prohibition of Cash Transactions in...
Section 269SS of the Income Tax Act, 1961 is a crucial provision that regulates transactions involving certain specified sums of money. The section was...
Understanding Section 206CQ of the Income Tax Act: A Comprehensive Guide to TDS on...
Section 206CQ of the Income Tax Act, 1961, was introduced in the Union Budget 2020 to widen the tax base and to bring more...
Understanding Section 17(3) of the Income Tax Act: Taxability of Allowances and Perquisites.
Section 17(3) of the Income Tax Act is an important provision that deals with the taxability of certain allowances and perquisites given to an...
Understanding Section 192 of the Income Tax Act: Deduction of Tax at Source from...
Section 192 of the Income Tax Act, 1961 lays down the provisions relating to the deduction of tax at source from salaries. As per...
Understanding Section 10(23d) of the Income Tax Act: Tax Exemption for Entities Engaged in...
Section 10(23d) of the Income Tax Act: An Overview
Section 10(23d) of the Income Tax Act provides an exemption from income tax for income earned...
Understanding Section 269ST of the Income Tax Act, 1961: Impact, Consequences, and Compliance
Section 269ST of the Income Tax Act, 1961 is a provision that was introduced by the government of India in 2017. The section pertains...