Discover the latest updates in ITR Forms 2, 3, and 5 for AY 2024-25, highlighting significant changes due to the Finance Act 2023, enhancing tax filing compliance.
Explore Section 194H of the Income Tax Act, covering TDS on commission and brokerage payments. Understand key features, tax rates, threshold limits, and obligations of deductors. Delve into relevant case laws for comprehensive insights into the application of Section 194H.
Understand the taxation of trusts in India, covering registered and unregistered trusts. Learn about relevant sections, exemptions, and tax implications for trusts and associations of persons (AOPs).
Understand agriculture income and its taxation in India. Learn about exemptions, reporting, and the Income Tax Act’s Section 10(1) provisions. File your Income Tax Return (ITR) accurately.
Hello friends, here we discussed Section 9B, Section 45(4), & Section 48 of the Income Tax Act SECTION 9B OF INCOME TAX ACT Finance Act 2021, introduced a new section, section 9B under income tax act which specifies the provision related to transfer of Capital Assets or stock in trade on Reconstitution or Dissolution of […]
Understand the guidelines under Section 194Q of the Income Tax Act 1961. Learn about the applicable rate of TDS and conditions for deduction.
