Blogs
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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Deduction in respect of purchase of electric vehicle (i.e. deduction u/s 80EEB)
Who can claim a deduction u/s 80EEB? The deduction under this section is available only...
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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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Types of E-Payments
E- PAYMENT Simply, the payments that are made through online are known as E-Payment. Here,...
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Step by Step Procedure to Pay Advance Tax
Procedure to Pay Advance Tax and TDS/TCS:Step 1:Visit the below link https://onlineservices.tin.egov-nsdl.com/etaxnew/tdsnontds.jspAnd select Challan numbera) ITNS...
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Rule 86B of CGST Act – Restriction on utilisation of Electronic Credit Ledger Balance
Rule 86B of CGST Rules (Restrictions on utilisation of Electronic Credit Ledger Balance) What is...
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Ineligible ITC under GST
Input Tax Credit is the tax paid by the buyer on purchase of goods and...
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