Blogs
Section 64(1A): Clubbing of Minor’s income
Introduction: Under the Indian tax laws, in addition to your own income, income of your...
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Section 35AD Deduction towards expenditure on specified business
What is section 35AD? Section 35AD provides an investment linked tax incentives on Capital expenditure...
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Income Tax Slab Rate & Surcharge For Ay 2020-21
INDIVIDUAL/HUF/AOP/BOI/AJP : Net income rangeRateUp to Rs. 2,50,000–Rs. 2,50,000 to Rs. 5,00,0005%Rs. 5,00,000 to Rs....
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Impact of Removal of DDT in the hands of investor
Background This Article explains the provisions relating to dividends received by the shareholders. However, in...
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How an Association of Persons will be taxed
TAXATION OF Association of Persons What is an AOP? (As per Income Tax Act, 1961)...
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FAQs on Futures & Options (F&O) Trading
Background This Article explains How to file income tax return in case of profit/loss from...
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List of FAQs on Setoff and Carryforward of Losses
Background: This article mainly focuses on provisions of The Income Tax Act, 1961 and rules...
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FAQs on TDS on purchase of immovable property
List of FAQs on TDS on purchase of immovable property Reason for Introduction of TDS...
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EPF, NPS & Superannuation
Tax implications on Various Provident Funds : Types of PF’s : Recognised PF (RPF) :...
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Section 115BAB – Corporate tax rate for new manufacturing companies
Applicability of Section 115BAB? Section 115BAB of Income Tax Act is applicable to all domestic...
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Do you withdraw cash from a bank in excess of Rs.20 lacs? Then, TDS is applicable (Sec.194N)
Before 01.07.2020 If any person withdraws cash more than Rs.1 Crore (Single or multiple transactions)...
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