TDS Return for Work Contract Payments Introduction Tax Deducted at Source (TDS) is a form of tax collection functionality used by the Indian government. The government mandates certain categories of people to deduct TDS from the payments they make to […]

TDS Return for Advertising Payments Introduction As per the Indian tax laws, TDS (Tax Deducted at Source) return is an important aspect of tax compliance for businesses. It is a form of advance tax that is collected from the payments […]

TDS Return for Sale of Motor Vehicle Introduction In India, Tax Deducted at Source (TDS) is a tax collection mechanism where certain categories of people are required to deduct tax at the source from the payments they make to others. […]

Income Tax Rates Slab for FY 2023-24 (AY 2024-25) The taxation system in India is characterized by a progressive approach, where the amount of tax payable rises as income increases. In order to facilitate this approach, Income Tax slabs have […]

ITR Filing Online for FY 2022-23 (AY 2023-24) The Income Tax Department has introduced seven different forms, namely Form ITR 1 to ITR 7, for filing Income Tax Return based on the type of income and entity. It is crucial […]

TDS Rate Chart For Financial Year 2023-24  (AY 2024-25) Tax Deduction at Source (TDS) is an important requirement for paying income tax. The tax rules have different TDS rates, payment types, and threshold limits. The Budget 2023 made some key […]

TDS Returns for Mutual Fund Payments Introduction Mutual funds have become a popular investment option for many people due to their flexibility and ease of investing. However, with investing comes the responsibility of complying with various tax laws and regulations. […]

What are the important things from the Income Tax aspect to consider this March ending? Introduction As the financial year 2022-23 comes to an end, taxpayers need to take certain steps to ensure they comply with Income Tax laws and […]

A Comprehensive Guide to Section 43B of the Income Tax Act Introduction Section 43B of the Income Tax Act is an important provision that deals with various types of expenses that are allowed as deductions. It lays down the conditions […]