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Debunking the NRI tax myth from April 2025. Learn the real India filing requirements for NRIs & the key benefits: refund claims, avoiding notices, helping with tax filing overseas....

Learn about TDS/TCS concepts, invoicing rules, due dates, interest, and late fees. Includes examples and simplified guidance for compliance under Indian tax laws....

Analyze the tax implications of the HUF structure in India, covering its formation, membership, rights, and financial management aspects....

This article discusses whether TDS applies to CSR Expenses, under which sections and how Companies can stay compliant....

Indian residents can claim credit for taxes paid on overseas income to avoid double taxation under Income Tax Act sections 90, 90A, or 91....

Taxpayers missing the ITR deadline can claim delayed refunds for TDS/advance tax paid, subject to limits and conditions under CBDT circulars....

Understand TDS rules for rent payments in India. Learn about thresholds, rates, and compliance for resident and non-resident landlords, and different payer types....

Understand income tax rules for cash deposits in businesses using presumptive taxation (Sec 44AD, 44AE). Learn about unexplained credits and bank statements....

This article explores the computation of LTCG for Non-Residents, detailing tax rates, indexation benefits, recent amendments introduced in the Union Budget 2024, and available exemptions to optimize tax liability....

Payments from approved Provident Funds are generally exempt under Section 10(11) of the Income Tax Act, but recent changes tax interest on high contributions....