The world of mergers and amalgamations has become a common strategy for survival and growth; understanding the tax implications becomes crucial. One such vital provision under Indian tax laws is…
If you’re a business owner, CA, or even a startup founder in India, it’s important to understand how tax regulations can impact your finances. One such lesser-known, yet crucial section…
Understanding the types of assessment in income tax is crucial for every taxpayer in India. Whether you are a salaried individual, a business owner, or a freelancer, knowing how the…
Section 79 of the Income Tax Act is an important provision that impacts the carry forward and set-off of losses for a company. If you are running a business and…
Getting a notice from the Income Tax Department can make anyone nervous, especially when it’s labelled Income Tax Notice 143(1)(a). But before you start worrying, it’s important to understand what…
If you’re a business owner, accountant, or someone dealing with taxes, then TDS (Tax Deducted at Source) is not a new term for you. But what happens when TDS isn’t…
In recent years, India’s tax system has gone through a major digital shift. One of the most significant changes is the introduction of Section 144B of Income Tax Act. This…
Filing TDS (Tax Deducted at Source) under Section 192B TDS is a critical responsibility for employers in India. This section governs the deduction of tax from the salary paid to…
When it comes to managing finances in a business, especially for professionals and technical service providers, understanding tax implications is crucial. One such important aspect is the 194JA TDS rate,…
In India, the Income Tax Department has set clear rules when it comes to the payment of taxes. One such rule that many taxpayers often overlook until it’s too late…