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Budget 2022 Updates

By Taxwink Team | 01 Feb,2022

BUDGET 2022 UPDATES LIVE Here in this article, we are providing live updates for Budget 2022 for our reader....

Penalty for accepting cash Rs. 2 Lakhs or more- Section 271DA

By Taxwink Team | 01 Feb,2022

  Penalty for accepting cash Rs. 2 Lakhs or more- Section 271DA   The Government is working....

Penalty on late filing of Income Tax Return- Section 234F

By Taxwink Team | 29 Jan,2022

Penalty on late filing of Income Tax Return- Section 234F   Under Income Tax Act, 1961, every asses....

TDS rates in case of call centre business

By Taxwink Team | 27 Jan,2022

TDS rates in case of call centre business     It is well-known fact that TDS on service....

Set off and Carry Forward of Unabsorbed Depreciation

By Taxwink Team | 27 Jan,2022

Set off and Carry Forward of Unabsorbed Depreciation   Meaning of Unabsorbed Depreciation Unabso....

Mutual Funds Taxation in India- A Guide from Investor’s perspective

By Taxwink Team | 23 Jan,2022

Mutual Funds Taxation in India- A Guide from Investor’s perspective     As the st....

Clarification regarding amendment made in clause (10D) of Section 10- In case of ULIP where premium paid is in excess of Rs. 2,50,000

By Taxwink Team | 21 Jan,2022

Clarification regarding amendment made in clause (10D) of Section 10- In case of ULIP where premium pai....

Expenses allowed as deductions from income from other sources

By Taxwink Team | 18 Jan,2022

Expenses allowed as deductions from income from other sources   Generally, income derived by a taxp....

Tax on Advance forfeited on Property 

By Taxwink Team | 17 Jan,2022

Tax on Advance forfeited on Property    Introduction:  It is quite general in the real....

Income Tax on marriage gifts: Whether Taxable or not?

By Taxwink Team | 17 Jan,2022

Income Tax on marriage gifts: Whether Taxable or not?   Introduction: It is a part of the custom....

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