Explore the Presumptive Taxation Scheme under the Income Tax Act, 1961. Understand the provisions of Sec 44AB, recent amendments, and key considerations for tax audit.
Understand the importance of High Value Cash Transactions & Mandatory Return Filing (ITR). Section 285BA requires certain entities to furnish financial transaction statements.
Learn about Section 80JJAA Deduction for employment of new employees. Find out how you can get a deduction of 30% of additional employee cost.
Understand the cash transaction restrictions on charitable trusts under income tax. Learn about the different types of donations and their implications.
Understand the income tax provisions for cash transactions in the agriculture sector. Learn how farmers can protect their interests in sales and auctions.
Understanding Section 194N TDS provisions on cash transactions. Learn who is responsible to deduct tax and who is the payee.
Understand the restrictions on cash transactions of Rs. 2 lakhs or more under income tax law. Learn about the modes of undertaking transactions and the exceptions.
Understand the benefits of Section 80D for health insurance premiums. Learn about the deductions available for insurance on self, spouse, dependent children, and parents.
Understanding the restrictions on cash transactions in real estate under income tax laws. Learn how these provisions aim to prevent tax evasion and promote transparency.
ANALYSIS OF SEC 269SS No person shall accept, from any other person, loan, deposit or any specified sum otherwise than by A/c payee cheque, bank draft or use of ECS through a bank account or through such other electronic mode as may be prescribed, if:
