Section 194S - TDS on Crypto currency and NFT
Section 194S of Income Tax Act - TDS on transfer of virtual Digital Assets (Crypto currency and NFT) has effective from 1st July 2022 to deduct TDS while making payment for t…
Section 194S of Income Tax Act - TDS on transfer of virtual Digital Assets (Crypto currency and NFT) has effective from 1st July 2022 to deduct TDS while making payment for t…
E-Invoicing under GST is notified vide notification no. 68/2019 - Central Tax. It is a concept of submission of already generated invoice on a common e-invoice portal where …
Section 115BBH a newly inserted section in Finance Bill 2022 and applicable from 1st April 2022. Any transfer of virtual digital assets on or after 1-4-2022 shall be taxable…
Section 80ccd of Income Tax allow the deduction to assesses who contributes funds toward the National Pension Scheme (NPS) and Atal Pension Yojana (APY) .
Section 271 AAD of Income Tax Act is a new section which was inserted vide finance act 2020 and the same was effected from 1st April 2020.
Section 234A, 234B and 234C of Income Tax Act apply for interest charged on default of payment of advance tax.
Section 206CCA of Income Tax Act has applied with effect from 1st July 2021 which provides provision related to applicability of special TCS Rate for Non-filers of Income Ta…
Section 206AB of Income Tax act, 1961 has applied with effect from 1st July 2021 which is related to applicable TDS rate for non-filers of Income Tax returns.
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 …
Domestic companies have to pay tax at a specified rate on profit earned in the previous year. Generally the tax rate applicable on domestic companies is 30%. It is 25% if tur…