TDS Provisions under CGST Act
TDS Provisions under CGST Act The concept of Tax Deducted at Source (TDS) under GST was introduced with effect from 1st October 2018, under Section 51 of the Central Goods and Services Tax (CGST) Act,…
Dividend Income– Section 8 of the Income Tax Act, 1961
Dividend income refers to the income received by a shareholder from a company out of its profits. Under Indian tax laws, it is taxed under the head "Income from Other Sources" unless specifically exempted. Section…
Deduction for Rent Paid -Section 80GG
Section 80GG provides a tax deduction to individuals paying rent for their accommodation but not receiving House Rent Allowance (HRA) from their employer. This section is especially helpful for self-employed individuals or salaried employees who…
Issue of Shares on Private Placement Basis
Private Placement refers to the issue of securities (shares, debentures, etc.) by a company to a selected group of persons (not exceeding a prescribed number), other than by public offer. This is regulated under Section…
Prohibition on Issue of Shares at Discount
Prohibition on Issue of Shares at Discount Section 53 of the Companies Act, 2013, lays down a strict prohibition on companies from issuing shares at a price lower than their face value. This is a…
Deduction for Health Insurance Premiums
Health is wealth — and now, it also helps you save on taxes! Under Section 80D of the Income Tax Act, you can claim a tax deduction for the money you spend on: Health insurance…
Input Service Distributor (ISD) under GST
Under GST, the concept of Input Service Distributor (ISD) helps businesses distribute the input tax credit (ITC) of services received at a central location (usually Head Office) to various branches or units. It is useful…
New Disclosures & Key Changes in ITR
Are you filing your ITR for AY 2025–26? The Income Tax Department has introduced several new disclosure requirements and form changes this year to increase compliance and transparency. Here's a simplified guide to help you…
- Go to the previous page
- 1
- …
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- …
- 81
- Go to the next page