To provide relief to senior citizens who are of the age of 75 year or above and to reduce compliance, Section 194P has been inserted.

Confused about the differences between Notification, Circular and Press release? - Read this article for your all answers.

Understanding Section 194Q – TDS on purchase of goods and Sections 206C(1H).- TCS on sale of goods under Income tax Act.

Background Identifying yourself as a trader or an investor is the first step to assess your income under correct head of income and...

Background ESOPs has gained popularity in last few decades and has been a factor to motivate, attract and retain the valuable employees...

Discussion of amended Section 10(35), section 115-O, section 194, Section 115BBDA, section 57, section 80M as per Finance Act, 2020 in...

Definition of Security services? Security services has not been defined under GST Act. However, it can understand with general definition...

Discussion on exemption notifications, GTA, ITC, RCM, Tax invoices and much more aspects. Transportation of goods by road is backbone and...

Government has imposed tax deduction at source on cash withdrawal above certain limit to discourage cash payments in the economy and to...

The Union Budget 2019-20 was presented on 05th July 2019. The Budget has proposed various new Sections for TDS, one of which is 194M...