Finance Minister Nirmala Sitharaman presented her fourth straight Union Budget in the Parliament on 1st February 2022. Let’s have a look...

Section 206AB and 206CCA are newly inserted sections in the Income Tax Act,1961 vide Finance Act, 2021. These sections are special...

Until now, we were habituated to deduct TDS on availment of services. However, Finance Act, 2021 has made it mandatory to deduct TDS on...

The Ministry of Corporate Affairs ( MCA ) has announced new Corporate Social Responsibility (CSR) rules which shall be known as Companies...

There are 23 chapters and 298 sections in the Income Tax Act, 1961. But only 2 sections talk everything about the taxation of Trusts,...

The government collects Income Tax on a quarterly basis in the form of advance tax before the end of a financial year, ensuring constant...

As per the provisions of Income Tax, every assessee is required to file Income Tax Return every assessment year in the prescribed ITR...