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Increase in Prescribed Limit for Exemption for Educational and Medical Institutions under section 10(23C) (iiiad) & 10(23C) (iiiae) of the Income Tax Act

By Taxwink Team | 19 Feb,2021

Increase in prescribed limit for exemption for educational and medical institutions under section 10(23C) (iii....

Capital Gain on Transfer of Capital Assets to Partner on Dissolution or Reconstitution of Firm: - Amendment by Finance Bill, 2021

By Taxwink Team | 17 Feb,2021

Capital Gain on transfer of Capital Assets to partner on dissolution or reconstitution of firm: - Amendment by....

How to Download Form 26AS From TRACES?

By Taxwink Team | 17 Feb,2021

How to download Form 26AS from TRACES? Form 26AS is a consolidated annual statement, which provides a recor....

Extension in Due Date of Filing ITR- Finance Bill Amends Section 139

By Taxwink Team | 11 Feb,2021

Section-139 of the Income Tax Act provides the due date of filing ITR for different class of persons. Further,....

No Depreciation on Goodwill w.e.f. A.Y. 2021-22 – Finance Bill 2021

By Taxwink Team | 06 Feb,2021

Taxability of depreciation effect of goodwill has been a debatable issue and matter of litigation between the....

SECTION-WISE ANALYSIS OF THE FINANCE BILL, 2021- TDS/ TCS PERSPECTIVE

By Taxwink Team | 04 Feb,2021

    SECTION-WISE ANALYSIS OF THE FINANCE BILL, 2021- TDS/ TCS PERSPECTIVE The Union Budget p....

TDS on Sale of Immovable Property- Section 194-IA, Form 26QB

By Taxwink Team | 02 Feb,2021

TDS on transfer of immovable property’ is a very relevant issue for every person who has or is planning....

Key Highlights of Finance Bill, 2021

By Taxwink Team | 01 Feb,2021

Key Highlights of Union Budget 2021-22 Union Finance Minister Smt. Nirmala Sitharaman today presented the U....

Section 194H- TDS on Commission and Brokerage

By Taxwink Team | 19 Jan,2021

TDS on commission or brokerage under Income Tax What is Section 194H? Section 194H of the Income Tax Act....

Faceless Penalty Scheme 2021 lauched by Income Tax Department

By Taxwink Team | 13 Jan,2021

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi....

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