Tag: income tax act

In view thereof, it is reiterated that the ITCC under Section 230(1A) of the Act, is needed by residents domiciled ...

Tax rates on capital gain increased: STCG rates on certain assets will be made 20%. LTCG rates on certain assets ...

The issue has been arisen because of the proviso added by Finance Act, 2023 which states that wherein total income ...

According to the provision of Act and debt oriented mutual fund purchased after 01.04.2023 or market linked debentures will always ...

Section 6 deals with deciding on the residency of a person under Income tax act. In this article we shall ...

Hence, if you don't have any TDS claim or don't have share transaction you can file the Income tax return ...

Hence, now this is a practical difficulty where a clarification is sought from Income tax department of how to disclose ...

eligible donations made by a trust 1 institution shall be treated as application for charitable or religious purposes only to ...

As per sub section 2 of section 115BAC of the Act the following deduction shall not be available in relation ...

A primary cooperative society engaged in supplying of milk to the Federal Cooperative Society is eligible to claim deduction in ...

In our earlier post we have discussed the newly introduced Section 43B(h) of the Income tax act which says that ...

Any sum payable by an assessee to a micro and small enterprise in respect of an expenditure, beyond the time ...

Credible evidences recovered during the search have established that the flagship company has made unaccounted cash sales of around Rs. ...

For making an application in Form 13 with Annexure II the tax-payer/Deductee shall login into the TRACES website (www.tdscpc.gov.in), for ...

there are other conditions prescribed under section 10(6)(vi) which needs to be fulfilled to get the above exemptions by foreign ...