Section 111A, 112A and 112 on LTCG and STCG
Section 111A, 112A and 112 of Income Tax Act apply for tax rates on: Transfer / sale of shares, debentures, bonds, Units of mutual funds, units of business trust, Immovable …
Section 111A, 112A and 112 of Income Tax Act apply for tax rates on: Transfer / sale of shares, debentures, bonds, Units of mutual funds, units of business trust, Immovable …
Capital Gain Tax (Long Term & Short Term) in India is a tax on profit and gain arising from transfer of capital assets. Gain on sale of property, shares, mutual fund, bo…
Under Income Tax Act in India, you can take the benefit of tax savings deductions under section 80c by invest in small savings investments.
Section 194IB TDS on Rent of Immovable Property of Income Tax Act 1961 provides the provisions related to deduction of TDS on rent payment by Individuals or HUF for the use …
Key Points Section 269SS, 269T, and 269ST of Income Tax Act will prevent the economy from fraudulent cash transactions.
Section 245M of Income Tax Act a new section which is inserted in Finance Act, 2021. This section provides an option to withdraw pending applications which is made under sec…
Section 206AA of Income Tax Act sets the Higher Tax Rate (TDS) for a resident person, who receives taxable amount without furnishing PAN to payer (TDS deductor).
Section 194I of Income Tax Act (TDS on Rent payment) provides the provision related to deduction of TDS on Rent payment to resident on use of house property, land, furniture…
Mentioning HSN Code (6 digits / 8 digits) becomes mandatory from 1st April 2021 on the basis of turnover of the taxpayer.
Section 194J (194JA/194JB) of Income Tax Act provides the provision for deduction of TDS while making payment to residents for availing profession or technical services . Fo…