Section 194D deducts TDS on insurance commission at 2% for individuals and HUFs, 10% for companies, once yearly commission crosses Rs 20,000. Rates, threshold, Form 131 certificate and the Section 393(1) mapping explained.
Section 194Q makes buyers with turnover above Rs 10 crore deduct 0.1% TDS on goods purchases above Rs 50 lakh per seller. Rate, threshold, GST rule, Form 26Q dates and the new Section 393 rule explained.
Section 194O makes e-commerce platforms deduct 0.1% TDS on the gross value of sales before paying sellers. Individuals and HUFs pay nothing until sales cross Rs 5 lakh a year on a platform. Rate, threshold, worked examples and the new Section 393 number.
Section 194H requires 2% TDS on commission and brokerage above Rs 20,000 a year. Learn the rate, threshold, who must deduct, the 194H vs 194J vs 194D difference, and the new Section 393 number.
Filed your ITR with a mistake? A revised return under Section 139(5) lets you fix it by 31 March 2027 — free till 31 December 2026. Steps, fee, examples and how it differs from belated and updated returns.
Section 80GGC lets you deduct the full amount you donate to a registered political party or electoral trust — 100% of the donation, with no upper cap. The payment must be made by cheque, bank transfer, UPI or card; cash gets no deduction. The benefit works only under the old tax regime.
The new tax regime keeps only a few benefits — Rs 75,000 standard deduction, employer NPS and family pension — and removes HRA, 80C, 80D and LTA. Full allowed and not-allowed lists with worked examples.
Section 269ST bars cash receipts of Rs 2 lakh or more from one person. Learn the three triggers, the 100% penalty on the receiver, exceptions, and the new Section 186 rule.
Interest under Sections 234A, 234B and 234C is 1% per month on unpaid tax. Learn the 90% advance-tax rule, the instalment schedule, the 12%/36% safe harbour, and worked examples.
Section 87A rebate: pay zero tax up to Rs 12 lakh taxable income in the new regime. Limits, marginal relief, capital gains rules and how to claim.