Newly inserted Section 194P - Relaxation for specified senior citizen from filing return of Income
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To provide relief to senior citizens who are of the age of 75 year or above and to reduce compliance, Section 194P has been inserted.
- May 2, 2021
Confused about the difference between Notification, Circular and Press release? - Read this article.
Confused about the differences between Notification, Circular and Press release? - Read this article for your all answers.
- May 1, 2021
Understanding Section 194Q – TDS on purchase of goods and Sections 206C(1H).- TCS on sale of goods
Understanding Section 194Q – TDS on purchase of goods and Sections 206C(1H).- TCS on sale of goods under Income tax Act.
- Oct 17, 2020
Demystifying all the taxation aspect-Traders of shares and Derivatives should know about.
Background Identifying yourself as a trader or an investor is the first step to assess your income under correct head of income and...
- Oct 11, 2020
Are you getting ESOPs as salary package? Know about taxability under Income tax Act, 1961
Background ESOPs has gained popularity in last few decades and has been a factor to motivate, attract and retain the valuable employees...
- Sep 25, 2020
Tax Treatment of Dividend For Shareholder and Company - As Amended by Finance Act 2020.
Discussion of amended Section 10(35), section 115-O, section 194, Section 115BBDA, section 57, section 80M as per Finance Act, 2020 in...
- Sep 20, 2020
Taxability of security services under GST - w.e.f 01.01.2019
Definition of Security services? Security services has not been defined under GST Act. However, it can understand with general definition...
- Sep 20, 2020
All about transportation of goods by Road under GST (updated)- Detailed discussion
Discussion on exemption notifications, GTA, ITC, RCM, Tax invoices and much more aspects. Transportation of goods by road is backbone and...
- Sep 14, 2020
Section 194N - Demystifying the provision of TDS on cash withdrawal
Government has imposed tax deduction at source on cash withdrawal above certain limit to discourage cash payments in the economy and to...
- Sep 11, 2020
Section 194M - TDS on payment to resident contractors and professionals
The Union Budget 2019-20 was presented on 05th July 2019. The Budget has proposed various new Sections for TDS, one of which is 194M...
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