Tax & Business
Insights for India
Expert guides on GST, Income Tax, Company Registration and compliance — written by licensed CAs for Indian businesses.
Black Money Act and Foreign Asset Disclosure Under Income Tax Act 2025
Black Money Act 2015 and ITA 2025 — 30% flat tax, 90% penalty on undisclosed foreign assets, Schedule FA disclosure mandatory, FATCA/CRS automatic reporting, voluntary disclosure.
Income Tax Prosecution Under Income Tax Act 2025: Chapter XXII Guide
Prosecution provisions under Chapter XXII of ITA 2025 — wilful failure to file ITR (3 months-2 years), tax evasion (6 months-7 years), TDS non-deposit, compounding of offences.
Form 15G and Form 15H Under Income Tax Act 2025: No TDS Declaration Guide
Form 15G (below 60) and Form 15H (senior citizen) declarations to avoid TDS under ITA 2025 — eligibility conditions, where to submit, validity, false declaration consequences.
Income Tax Search and Seizure Under Income Tax Act 2025: Section 247 Guide
Search and seizure under Section 247 of ITA 2025 — authorisation, grounds, taxpayer rights, seizure of assets and documents, post-search assessment 6 years, penalty 30%-60%.
Income Tax Survey Under Income Tax Act 2025: Section 253 Guide
Income tax survey under Section 253 of ITA 2025 — no warrant needed, inspect books/stock/cash, cannot seize assets, statements admissible, survey vs search difference, Section 254 trusts.
Income Tax Refund Under Income Tax Act 2025: Section 295 Guide
Income tax refund under Section 295 of ITA 2025 — how refund arises, claiming via ITR, interest on delayed refund 0.5%/month (Section 296), refund adjustment Section 297, common delays.
TDS Rate Chart 2026-27 Under Income Tax Act 2025: All Sections
TDS rate chart for Tax Year 2026-27 under ITA 2025 — all sections, rates for salary, rent, interest, professional fees, lottery, property, Budget 2024 changes, higher rate non-PAN.
Section 43B MSME Payment Rule Under Income Tax Act 2025: 45-Day Deduction Guide
Section 43B MSME payment rule under ITA 2025 — 45-day payment deadline, deduction deferred if late, only micro/small enterprises, Udyam registration, practical compliance steps.
Depreciation Under Income Tax Act 2025: WDV Method, Rates & Block of Assets
Depreciation under Section 35 of ITA 2025 — WDV method, block of assets, rates (buildings 10%, machinery 15%, computers 40%, intangibles 25%), additional depreciation 20%, part-year 50% rule.
Page 51 of 541 · 4,867 articles