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Browsing Category

Income Tax

134 posts
BlogIncome Tax
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What is Section 194H: TDS on Commission and Brokerage
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Section 206AA of Income Tax Act: Higher TDS Without PANAugust 31, 2025

The Indian tax system runs on the principle of “Pay as You Earn”, where certain payments like salary,…

Customer Care
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Section 43B(h) of the Income Tax Act: Timely Payments to MSMEs and Its Tax ImpactAugust 31, 2025

Section 43B is a rule in India’s tax law that says some expenses only become tax-deductible when they…

Technical Glitch Prevents Taxpayers from Getting Tax Rebates
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Section 43B Explained: Payment-Based Deductions in Income TaxAugust 31, 2025

Section 43B was introduced in the Income Tax Act, 1961, to make sure businesses and taxpayers claim certain…

Section 44AE of Income Tax Act
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Section 43A of Income Tax Act: Adjustment for Foreign Exchange FluctuationsAugust 31, 2025

Section 43A ensures businesses adjust the cost of things (like machinery) bought from abroad if the exchange rate…

ATM Withdrawal Limit and Transaction Charges
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Section 40A(3) of Income Tax Act: Cash Payment Limit, Exceptions, and DisallowanceAugust 31, 2025

Section 40A(3) is a rule in India’s tax law that says businesses or professionals can’t claim business expense…

What is Tax Evasion
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Section 37 of Income Tax Act: General Deduction for Business & Professional ExpensesAugust 31, 2025

Section 37 of the Income Tax Act Businesses and professionals often spend money to earn money—on things like…

How to Check Income Tax Refund Status Online?
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Section 35AD of Income Tax Act: Deduction for Capital Expenditure in Specified BusinessesAugust 31, 2025

Introduction to Section 35AD Section 35AD lets businesses deduct all money spent on special assets (not land) in…

When & How to Pay Income Tax on Fixed Deposit’s Interest Income?
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Section 80CCC of Income Tax Act: Tax Deductions on Pension and Annuity ContributionsAugust 30, 2025

What is Section 80CCC of the Income Tax Act? Section 80CCC is a provision in the Indian Income…

How to Pay Your Income Tax Online with Challan 280
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Section 80AC of the Income Tax Act: Mandatory Return Filing for Claiming Tax DeductionsAugust 30, 2025

What is Section 80AC of the Income Tax Act? The Income Tax Act has several chapters that allow…

148A INCOME TAX
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Section 194J of the Income Tax Act: TDS on Professional and Technical ServicesAugust 30, 2025

What is Section 194J? Section 194J under the Income Tax Act, 1961 mandates Tax Deducted at Source (TDS)…

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