Disallowance Explained
Understanding Disallowance Under Section 37 of the Income Tax Act

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

Rule 8D Decoded
Understanding Rule 8D of the Income Tax Act: A Comprehensive Guide

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

Income Distinction
Is Investment Income Considered Earned Income? Understanding Tax Implications

Learn why investment income is classified as unearned income and its tax implications.

Book Profit Explained
Understanding Book Profit in Income Tax Returns: Key Insights

Learn what book profit means in income tax returns, its importance, and how to calculate it accurately.

TCS Return Reminder
Is Filing a TCS Return Mandatory for Tax Compliance?

Discover the necessity of TCS return filing and the consequences of non-compliance to avoid penalties.

37b Tax Explained
Understanding the 37b Tax: A Comprehensive Overview

Learn about the 37b tax, a flat tax rate on specific business income. Find out its implications and consult professionals for clarity.

Sec 194H Explained
Understanding Section 194H: Income Tax on Commission and Brokerage

Learn about Section 194H and its implications for TDS on commission payments in India.

TDS Return Neglect
Consequences of Not Filing TDS Returns: Penalties and Legal Risks

Discover the penalties and consequences of not filing TDS returns on time. Stay compliant and avoid financial pitfalls.

Tax Compliance Forms
Understanding Form 15CA and 15CB for Foreign Remittances in India

Learn about Form 15CA and 15CB, essential for tax compliance on foreign remittances in India.

Tax Savings Tips
How to Avoid Withholding Tax: Expert Tips and Strategies

Learn effective strategies to avoid withholding tax and maximize your income through tax treaties and proper documentation.

3rd Proviso Breakdown
Understanding the 3rd Proviso to Section 44AB: Key Insights

Learn about the 3rd proviso to Section 44AB and how it affects audit thresholds for small businesses.

Revised Returns Explained
Understanding Revised Tax Returns: Reasons and Importance

Learn why revised tax returns are necessary for correcting errors and staying compliant with tax regulations.

Understanding Rule 37 BA
Understanding Rule 37 BA of Income Tax: Key Filing Requirements

Learn about Rule 37 BA of Income Tax and the importance of timely TDS statements for compliance and transparency.

Understanding Section 195
Understanding Section 195 of the Income Tax Act: A Guide to TDS for Non-Residents

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

Foreign Remittance Guide
How to Accurately Report Foreign Remittance in Your ITR

Learn how to declare foreign remittance in your ITR with essential steps and documentation tips.

Audit Exemption Criteria
Understanding Audit Exemptions Under Section 44AB

Learn who is exempt from audits under Section 44AB, including income limits and presumptive taxation schemes.

Withholding Tax Explained
Understanding Who Pays Withholding Tax (WHT) on Income

Learn about who is responsible for paying withholding tax (WHT) on income and how it affects non-residents.

Income Tax Act 40
Understanding Section 40 of the Income Tax Act: Key Disallowances Revealed

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

TDS Rules Explained
Understanding TDS Rules: A Comprehensive Guide

Learn the essential rules for Tax Deducted at Source (TDS) and avoid penalties for non-compliance.

Missed Depreciation Guide
How to Claim Missed Depreciation: A Guide

Learn how to claim missed depreciation on your taxes using Form 3115 for compliance.

PAN in TDS
Can You File TDS Returns Without a PAN in India?

Learn why a PAN is mandatory for TDS returns in India and the consequences of not having one.

Tax Evasion Consequences
What Are the Consequences of Not Paying Taxes in India?

Explore the severe penalties for tax evasion in India, including fines and imprisonment.

TCS Nil Filing
Is Filing a TCS Nil Return Mandatory? Understanding Compliance Requirements

Learn if filing a TCS nil return is mandatory for tax collectors and avoid penalties with accurate compliance.

Income Tax Expenses Disallowed
Understanding Disallowed Expenses Under Section 37 of Income Tax

Learn what expenses are disallowed under Section 37 in income tax, including illegal and personal costs.

Taxes for Students
Do International Students in Canada Have to Pay Taxes?

Find out if international students must pay taxes in Canada, how to file, and the implications of their income.

TCS Refund Made Easy
How to Claim TCS (Tax Collected at Source) Back: A Complete Guide

Learn how to claim back Tax Collected at Source (TCS) effectively with our detailed guide.