Blogs
Section 115BAA – New Tax Rate for Domestic Companies
Applicability of Section 115BAA? Section 115BAA of Income Tax Act is applicable to all domestic...
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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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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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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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Clarification of Taxability of Dividend received from Indian Company in the hands of Foreign Company
Dividend Distributed on or before 31.03.2020 If the Indian company distributes any dividend on or...
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92CE – Secondary Adjustment in books
Analysis of Section 92CE (2A) of Income Tax Act, 1961 WHAT IS PRIMARY ADJUSTMENT? Primary...
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