Taxation

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Income Tax Taxation

Tax Implication of ‘Income and Expenditure’ before...

Income and Expenditure

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...

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Income Tax Taxation

Section 9 of the Income Tax Act, 1961 – Income De...

Section 9 of the Income Tax Act, 1961 - Income Deemed to Accrue or Arise in India

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...

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Taxation

Read Details About Section 13 of the Income Tax Act, 19...

Section-13-of-the-Income-Tax-Act

Taxation of a charitable trust is governed under Sections 11, 12, 13 of the Income Tax Act, 1961. Section 11 and 12 contain the provisions of conditions to...

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Taxation

Implications of Form 15CA and Form 15CB

Form 15CA

In the present times of globalisation, there are the least restrictions imposed on businesses due to which they are spreading around the world with huge in...

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Income Tax Taxation

Understanding Advance Tax and Penalty Under Advance Tax...

Understanding Advance Tax and Penalty Under Advance Tax

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

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Income Tax Taxation

Get Clarity on the Difference between Tax Planning and...

Tax-Planning-&-Tax-Avoidance

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

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Income Tax Taxation

Section 194-H of the Income Tax Act, 1961

Section-194HCommission-on-TDS (1)

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...

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Income Tax Taxation

Corporate Tax Rate Cut to Increase the Manufacturing of...

Corporate-Tax-Rate-Cut-for-promoting-EV-part-manufacturing

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. ...

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