What Is Section 80C?
Section 80C - Any adjustment in Section 80C of the Income Tax Act specifically affects taxpayers, meaning that…
Income tax in India is indeed a tax payable in the financial year by individuals or organizations based on their earnings or earnings amount.
What is Section 24 of the income tax act?
Section 24 - The building or buying a new home is a difficult challenge. To bring this vision…
What is Section 194M?
Section 194M requires a person and/or a HUF to deduct tax at source. Individuals and HUFs in this…
What is Section 194H?
Section 194H specifies the rules for Tax Deduction at Source on commissions and brokerage by a resident citizen.…
RBI Tax Savings Bonds
RBI Tax Savings bonds - The Government of India offers bonds from time to time in order to…
Leave Encashment Tax
Leave Encashment Tax - The company provides paid leave to all employees, although not all leaves are available…
What is Section 44AB?
The rules for a company or entity's tax audit are outlined in Section 44AB of the Income-tax Act…
What is Section 12A?
An individual or corporate body has a distinct revenue stream. If their revenue crosses a specific threshold, they…
What is Section 143(1)?
Have you got a notice under section 143(1)? Don't be concerned! It isn't always accompanied by demand or…
What is Section 192?
TDS on salary revenue is dealt with in Section 192. It requires any contractor to withhold TDS on…