About the Income Tax category
File ITR with less stress. Learn which form to use, TDS under 194Q and 194J, and pay advance tax. Meet audit rules and reply to a notice in plain steps.
Section 194T TDS: Partner Salary, Interest & Limit
Section 194T mandates 10% TDS on partner salary, bonus, and interest over ₹20,000 for LLPs and firms. Here are the 2026 rules, exemptions, and filing steps.
FinTax24 Content Team · 12 Oct 2026 · 9 min read
TDS on Business Perks Section 194R: Rules & Limits
Section 194R mandates 10% TDS on business perks and benefits over ₹20,000 a year. Learn valuation rules, CBDT circular exemptions, and compliance steps.
Rahul Dabhi · 10 Oct 2026 · 11 min read
Rajkot Engineering Firm Tax Audit Case Study
A Rajkot firm received a §44AB tax audit notice before books were ready. Here is how things were untangled and what other businesses should do.
FinTax24 Editorial Team · 9 Oct 2026 · 7 min read
TDS on Professional Fees u/s 194J: Rates & Mistakes
Section 194J FY 2026-27: professional, technical, royalty, director and non-compete fees at 10% above ₹30,000 a year, 2% for call centres. Missing PAN = 20%.
FinTax24 Editorial Team · 7 Sept 2026 · 8 min read
Section 139(9) Defective Return Notice: How to Reply
A Section 139(9) notice flags discrepancies in your ITR. You have 15 days to respond: agree and file a corrected return, or contest with reasons.
Rahul Dabhi · 30 Sept 2026 · 12 min read
Section 44ADA Presumptive Tax: Rules & ITR-4 Guide
Section 44ADA lets eligible professionals declare 50% deemed profit on gross receipts up to ₹75 lakh without books or audit. ITR-4 steps inside.
Renish Mithani · 29 Sept 2026 · 10 min read
Section 43B(h) MSME 45-Day Payment Rule: Rules
Section 43B(h) disallows business deductions when MSME supplier payments are delayed beyond 15 or 45 days. Here are the calculation limits and exemptions.
Renish Mithani · 29 Sept 2026 · 8 min read
Tax Audit Under Section 44AB: Due Dates & Penalties
A Section 44AB tax audit is compulsory above ₹11 crore turnover (₹1 crore if cash receipts ≤5%) and for professions over ₹150 lakh. Reported in Form 3CA/3CB.
Rahul Dabhi · 26 Sept 2026 · 9 min read
TDS on ESOPs: Section 192A Tax Treatment Guide
On exercising ESOPs your employer must deduct TDS under Section 192A when the perquisite exceeds ₹20,000, on fair market value minus exercise price.
Rahul Dabhi · 21 Sept 2026 · 10 min read
How to File a TDS Return: Process, Forms & Due Dates
TDS returns use Form 24Q, 26Q, 27Q or 27EQ with valid challan details, filed before the due date on TRACES. This covers who files and the common errors.
Rahul Dabhi · 20 Sept 2026 · 10 min read
TDS on Property Purchase u/s 194IA: Rates & Threshold
Section 194IA: buyers deduct 2% TDS on property over ₹50 lakh, deposit by the 7th under challan 281, report in Form 26Q.
Rahul Dabhi · 19 Sept 2026 · 8 min read
TDS on Purchase of Goods u/s 194Q: Threshold & Rules
Section 194Q TDS on goods: 0.1% once purchases cross ₹50 lakh in the year, for buyers above ₹10 crore turnover. Deduct by the 7th, file Form 26Q.
Rahul Dabhi · 17 Sept 2026 · 10 min read
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