Income Tax

Shubham Chauhan

07 Nov, 2019

The most critical stage for a business is the time before its commencement. Prior to the commencement of business the question which troubles the Revenue A...

Shreya Patel

19 Jul, 2023

The most critical law component controlling India's taxation system is the Income Tax Act 1961. Section 9 of this Act is crucial because it establishes the...

Savvy Midha

22 Jun, 2023

Advance Tax is applicable on every self-employed businessperson, professionals, freelancers, whose income falls within the jurisdiction of Income Tax Act,...

Tanya Verma

04 Oct, 2019

CBDT (The Central Board of Direct Taxes) has decided to extend the ITR Filing deadline and tax audit reports by one month. The last date has been extended...

Shreya Patel

13 Jul, 2023

Tax Planning is the process of reducing tax liability on taxpayers by making the maximum use of deductions, allowances, exemptions & relief provided un...

Savvy Midha

28 Sep, 2019

Section 194-H of the Income Tax Act, 1961 deals with the deduction of TDS from commission or brokerage income. As per Section 194-H, the TDS has to be dedu...

Tanya Verma

24 Sep, 2019

India’s Electric Vehicles Industry is likely to receive a lot of support with the slashing of the Corporate Tax Rate on new manufacturing companies. ...

Akash Dubey

26 Aug, 2020

In a recent announcement, the Finance Minister of India, Nirmala Sitharaman[1] slashed corporate tax rates. The government did reduction in corporate taxes...