Author: CA Raj Kumar
Procedure to check status of Tax refund (Income Tax)
Check your Income Tax refund status on the TIN-NSDL website! Enter your PAN and Assessment Year. Refunds are sent via direct deposit or check. Learn about interest on refunds and contact SBI for help!
Read MoreTDS on Winnings from Lotteries, crossword puzzles and horse races [Sections 194B and 194BB]
Win big? Get taxed! India levies a flat 30% tax on lottery, game, and race winnings. TDS applies if you win over ₹10,000. Even winnings in kind are taxed. File your return, even with TDS.
Read MoreKnow about TDS on Interest other than Interest on Securities [Section 194A]
Learn about TDS on interest income! Section 194A covers interest, not securities. Find out when TDS applies, limits, exemptions, and how to file.
Read MoreTDS on Payment of Dividends [Section 194]
Companies face a 15% tax on dividend payouts. However, individuals receiving dividends from domestic companies don't pay tax. TDS applies only to "deemed dividends" exceeding ₹2,500, taxed at 10%. Learn more about this complex tax rule!
Read MoreKnow about TDS for Interest on Securities [Section 193]
Interest on securities in India is taxable. Learn about TDS rules, exemptions, and how to file returns. Get informed about your tax liability!
Read MoreKnow about Deduction of TDS on Salary
Learn about TDS on salaries in India! This article breaks down Section 192 of the Income Tax Act, covering deduction rules, payment deadlines, and key points for employers and employees.
Read MoreBenefits and Limitations of Accounting Standards
Accounting standards: Good for comparability and reliability, but sometimes too rigid. They help investors and accountants trust financial statements.
Read MoreObjectives of Accounting Standards
Accounting standards ensure financial statements are reliable and comparable. They create trust, reduce ambiguity, and make global business easier.
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Settlement of Tax Cases under Income Tax Act, 1961
India's Income Tax Settlement Commission lets taxpayers settle disputes with the government. Learn how it works, who can apply, and the process for getting your case settled.
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Overview of Prevention of Money Laundering Act, 2002
India's Prevention of Money Laundering Act (PMLA) fights financial crime. It defines money laundering, outlines punishments, and requires reporting by banks and businesses.
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