
Learn about the Income Tax Act 2007 and how it governs income tax obligations for individuals and businesses in the UK.

Learn about 194Q tax in India and its implications for businesses. Understand TDS requirements on purchases exceeding ₹50 lakhs.

Learn about who doesn't pay income tax in India and the exemptions available under the Income Tax Act.

Learn why Form 15CB is essential for non-resident payments and ensuring tax compliance in foreign remittances.

Learn which expenses under section 40 A are disallowable and how to ensure your transactions are tax-deductible.

Learn about Section 44AB of the Income Tax Act and its audit requirements for specific taxpayers in India.

Learn about Section 269ST of the Income Tax Act, which restricts cash transactions over ₹2 lakh and the penalties for non-compliance.

Explore Section 37(1) of the Income Tax Act and learn how to maximize your business expense deductions for effective financial planning.

Learn about the TDS rates permitted under Indian Tax Law and the importance of consulting a professional for accuracy.

Learn how to file a revised return for a defective notice under Income Tax Act Section 139(9) within 15 days.

Learn what constitutes income under the Income Tax Act, including wages, bonuses, and more.

Learn about Rule 6DD of the Income Tax Rules and its exceptions for cash payments in India.

Discover how Section 112 of the Income Tax Act affects long-term capital gains tax rates for investments.

Learn about Section 40A of the Income Tax Act and its disallowance of expenses over ₹10,000 paid in cash.

Learn about the penalties for delayed TDS return filing under the Income Tax Act and how to avoid them.

Learn about TDS deductions when PAN is not provided and avoid higher tax rates with this essential guide.

Learn about the maximum limits for TDS based on income types and updated tax guidelines.

Learn about the exemptions for TDS on interest income under Section 194A, including details on eligible entities and forms.

Learn about Rule 10UA of the Income Tax Act and how it affects asset valuation for tax compliance.

Learn about Section 40(b) of the Income Tax Act and how it affects payments to partners in a partnership firm.

Explore the limits of remuneration deductions under Section 40(b) of the Income Tax Act for partnership firms in India.

Learn the definition of total income as per the Income Tax Act, including its components and tax implications.

Learn about the interest rate limits for partners under Section 40B of the Income Tax Act and compliance essentials.

Learn about Section 40A(3) of the Income Tax Act, which restricts cash payments over ₹10,000 for business expenses.

Learn about Rule 6F of the Income Tax Act, key requirements for maintaining records to ensure tax compliance.

Learn about Section 194A of the Income Tax Act and its recent amendments affecting TDS on interest payments.

Learn about the penalties and fees for late TDS return filing under the Income Tax Act.

Explore Rule 9D of the Income Tax Act for foreign asset taxation and compliance tips to avoid penalties.

Learn about Section 9C of the Income Tax Act, its implications for business income, and how it can benefit your tax planning.

Learn how Rule 11b of the Income Tax Act allows for travel expense deductions for business professionals.

Explore what amounts are disallowable under Section 40 and how they affect your income tax calculations.

Learn about disallowance under Section 37 and ensure your business expenses are compliant with tax laws.

Explore Rule 37BA of the Income Tax Act and how TDS is credited for joint income among multiple individuals.

Discover the essentials of Section 40A of the Income Tax Act and its implications on deductible business expenses.

Learn about Rule 8D of the Income Tax Act and how it impacts disallowance of expenses related to exempt income.

Discover how Section 44AD simplifies income tax for small businesses in India with a presumptive taxation scheme.

Explore Section 194A of the Income Tax Act concerning TDS on interest payments, essential for tax compliance.

Learn about Section 195 of the Income Tax Act and its importance in TDS deductions for payments to non-residents.

Learn about Section 194 B of the Income Tax Act and how it applies to lottery and gaming winnings in India.

Learn about disallowance under Section 40B, covering expense limits for partnership firms and remuneration rules.

Explore Section 40 of the Income Tax Act and understand the key disallowances that impact your business income calculations.

Learn about Rule 37BA of the Income Tax Act and how it impacts TDS credit for income assessment.

Learn how Section 48 of the Income Tax Act impacts the computation of capital gains and taxable income from asset sales.

Discover how much of your Fixed Deposit is tax-free in India and maximize your savings under Section 80C.

Learn the turnover limits for audits under Section 44AB of the Income Tax Act in India.

Learn about Section 193 of the Income Tax Act and its implications for TDS on interest payments. Essential for tax compliance.

Discover India's income tax rules, exemptions, and filing requirements to maximize your tax benefits.

Learn about Section 40(b) of the Income Tax Act and its implications for partner remuneration in partnership firms.

Learn about Section 37 of the Income Tax Act and its implications for business deductions.