Sponsored
    Follow Us:

Gopi S

Latest Posts by Gopi S

Clarification on Section 115BAC of the Income tax Act, 1961

April 21, 2020 9342 Views 0 comment Print

A New section, 115BAC has been introduced vide clause 53 of the Finance Act, 2020 with respect to tax on Individuals and HUF. The said section will apply from AY 21-22 and subsequent AY’s. The said scheme provides for concessional rate of tax as follows: Sl. No Income New Rate – 115BAC Existing Rates 1 […]

A Brief about New Section 194M of Income Tax act, 1961

December 18, 2019 4041 Views 0 comment Print

A New section, 194M has been introduced vide finance act, 2019 with regard to Payment of certain sums by certain individuals or Hindu undivided family, which reads as follows: Any person, being an individual or a Hindu undivided family (other than those who are required to deduct income-tax as per the provisions of section 194C, section 194H or section […]

Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031