What Is Section 194D of the Income Tax Act? Section 194D is a rule that makes the person…
The Indian tax system runs on the principle of “Pay as You Earn”, where certain payments like salary,…
Section 43B is a rule in India’s tax law that says some expenses only become tax-deductible when they…
Section 43B was introduced in the Income Tax Act, 1961, to make sure businesses and taxpayers claim certain…
Section 43A ensures businesses adjust the cost of things (like machinery) bought from abroad if the exchange rate…
Section 40A(3) is a rule in India’s tax law that says businesses or professionals can’t claim business expense…
Section 37 of the Income Tax Act Businesses and professionals often spend money to earn money—on things like…
Introduction to Section 35AD Section 35AD lets businesses deduct all money spent on special assets (not land) in…
What is Section 35? Section 35 is a rule in India’s tax law that lets people or companies…
What is Section 80EEB of the Income Tax Act? In 2019, the Government of India introduced Section 80EEB…