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The Income Tax Act's Section 194-IB addresses the tax withheld from rent payments at the source. To put the "Joint development agreement"...

All employers in the public sector provide their workers with base pay in accordance with the applicable pay scale. The take-home pay is...

The income of an individual or an organisation is subject to TDS, or tax deducted at source, as per the Indian Taxation Code. Before...

Transfer pricing refers to the price at which goods, services, or intellectual property are exchanged between subsidiaries, divisions, or...

Assuring that taxpayers pay their fair share of taxes and complete all requirements, tax assessment is a crucial component of the Indian...

India's Faceless Assessment Scheme streamlines income tax filing by doing away with in-person encounters with tax officials. The scheme...

When doing something complex like submitting income tax forms, making an error or two is very acceptable. We might occasionally forget to...

In today’s digital age, the Income Tax Act  promotes transparency and accountability in financial transactions by discouraging large cash...

Section 43B of the Income Tax Act plays a crucial role in regulating how businesses claim deductions for certain expenses, such as...

As taxpayers move into higher income brackets, they often encounter additional tax liabilities in the form of a surcharge. A surcharge is...