Understand TDS on cash withdrawals under Section 194N, including thresholds, rates, compliance rules, exemptions, penalties, and filing requirements for banks and other deductors.
Equalisation Levy on online ads and e-commerce ends from AY 2026-27. Know scope, rates, compliance, exemptions, and due dates under the levy provisions.
Article Explains how retirees use regulated platforms like ETCMining to generate stable, automatic daily income using XRP without trading or hardware investment.
Know about Statement of Financial Transaction (SFT) or Reportable Account under Section 285BA — entities liable to file, reportable transactions, due dates, penalties, and compliance procedures.
Learn about Permanent Account Number (PAN), its structure, mandatory usage, eligibility, linking with Aadhaar, application process, penalties, and consequences for non-compliance under the Income Tax Act.
Know about TAN under Section 203A of the Income Tax Act—its purpose, applicability, application process, forms, penalties, and key rules for TDS/TCS deductors and collectors in India.
Understand the provisions of tax audit under Section 44AB of the Income Tax Act, including its objectives, applicability, prescribed forms, due dates, and penalties for non-compliance by businesses and professionals.
Learn about key income tax benefits, exemptions, and filing relaxations available to senior and very senior citizens under the Income Tax Law for FY 2025-26.
Understand when NRIs must file Indian income tax returns (ITR), key exemptions, and the impact of residential status (ROR, RNOR, NR) on income taxability in India. Learn about TDS rates and the tax status of NRE/NRO account interest.
Learn about various types of income tax assessments under Sections 143, 144, and 147, their procedures, time limits, and taxpayer rights under the Income Tax Act, 1961.
