Discover Section 194R introduced by the Finance Act 2022, detailing TDS requirements on benefits or perquisites provided to residents, excluding discounts, rebates, or sales. Learn more here.
Learn about the tax implications for startups, including eligibility criteria, benefits, and procedures for recognition, exemption, and declaration.
Understand Section 50B Slump Sale, where an undertaking is sold without individual asset valuation. Learn about computation, tax rates, and reporting formalities for capital gains under slump sale.
Learn about Deduction u/s 80JJAA: Who’s eligible, how much is allowed, and what it means for additional employee costs. Expert insights for tax compliance.
Explore the essentials of Statement of Financial Transactions (SFT) under the Income Tax Act in India. Understand its meaning, who needs to file, the due date, associated penalties, and the designated forms (Form 61A / Form 61B). Ensure compliance to avoid penalties
