All about Link your Aadhar with PAN to file ITR Introduction The Government of India has made it mandatory for taxpayers to link their Aadhaar card with their PAN (Permanent Account Number) to file their Income Tax Return (ITR). The […]
A complete guide on Section 194F of the Income Tax Act Introduction Section 194F of the Income Tax Act earlier dealt with TDS on income arising from specified mutual fund and UTI repurchase payment transactions covered under Section 80CCB(2). The […]
Form 10F Filing Without PAN for Non-Residents in India Introduction From 1 April 2026, Form 41 under the Income-tax Act, 2025 serves the purpose previously fulfilled by Form 10F for non-residents claiming DTAA benefits on income earned from India. Eligible […]
Tax Saving Schemes for Startups in India Introduction Starting a new business can be tough, especially when it comes to taxes. To help, the Indian government offers several tax saving schemes for startups. These schemes allow start-ups to save money […]
Form 12BA of The Income Tax : Applicability and Structure Introduction Form 12BA of the Income Tax is issued under the income tax laws, which have established guidelines for the assessment of certain perquisites. Additionally, because Form 16 only contains […]
Section 194R of Income Tax Act: TDS on Benefits or Perquisites Introduction To improve tax reporting and widen the tax base, the government introduced section 194R of Income Tax Act through the Finance Act, 2022, effective from 1 July 2022. […]
Section 194J of Income Tax Act: TDS Rates & Threshold Limits Introduction The section 194J of Income Tax Act governs the deduction of tax at source (TDS) on specified payments made to resident professionals and service providers. Businesses frequently […]
Section 54 Under the Income Tax Act: Capital Gains Exemptions Overview Section 54 Under the Income Tax Act provides relief from long-term capital gains tax when gains earned from the sale of a residential house property are reinvested in another […]
What is Form 29B of the Income Tax Act? Applicability & Filing Introduction Form 29B of the Income Tax Act is an audit report that companies covered under Section 115JB must obtain from a Chartered Accountant (CA) for the computation […]
