Taxability of Interest on Recognized Provident Fund

The finance act 2021 has introduced an amendment with respect to taxability of interest on...

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All you need to know on FORM 15G/15H

What is Form 15G or 15H? Form 15G or 15H are self-declaration forms submitted by...

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FORM 13 – NON-DEDUCTION/LOWER DEDUCTION OF TDS

What is form 13? As per the provisions of the Income Tax Act, TDS is...

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SECTION 80G APPROVAL

What is 80G? A donor of a Charitable Trust, Society, NGO or other charitable entity...

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Section 45(4):  Capital gain on transfer of a capital asset by a Firm/ AOP/BOI to a partner

The finance act 2021, has inserted a new section 9B and subsection 4 of section...

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UPDATED RETURN

The Concept of Updated Return was introduced through the Finance Act 2022, by inserting section...

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DEDCUTION UNDER SECTION 80JJAA 

Section 80JJAA of the Income Tax Act provides deductions for the recruitment of new or...

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SLUMP SALE UNDER INCOME TAX ACT

For the purpose of income tax act, slump sale also referred as business transfer is...

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Revolutionary Faceless Tax Assessment – what it means to your business?

Revolutionary Faceless Tax Assessment - what it means to your business? Over the last one...

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Get Started with PKC ProMIS

Get 5% Higher Profits with PKC ProMIS What we offer in PKC ProMIS? Detailed study...

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NRI Taxation 101 (Article 02)

Series: NRI Taxation 101 Article: 02 In the last article we discussed about few basic...

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TDS Chart for the FY 2022-2023 (AY 2023-24)

Section Deductee Nature of transaction Threshold(Rs) TDS Rate Remarks 192 R (or) NR Salary  Basic...

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