Ebizfiling

Section 354 of the Income Tax Act, 2025: Eligibility and Approval Introduction

Section 354 of the Income Tax Act governs the approval of registered non-profit organizations seeking to receive donations eligible for deduction. Under the earlier Income-tax Act, 1961, these provisions were covered under Section 80G. From 1 April 2026, Section 133 covers the deduction for donatio...

Section 137 of the Income Tax Act, 2025 for Political Contributions Introduction

Section 137 of the Income Tax Act allows an eligible assessee to claim a deduction for qualifying contributions made during a tax year to a registered political party or an electoral trust. The payment must be made through a mode other than cash. Local authorities and specified Government-funded ...

Ebizfiling Company Profile: History, Services & Overview Introduction

When people search for Ebizfiling Company Profile, they usually want to know who the company is, what services it offers, and whether it is a genuine business service provider or not. Before choosing any company for business registration, GST filing, tax compliance, or trademark services, it is natural ...

Form 144 Filing: Complete Guide for Non-Resident Payments Introduction

Form 144 filing is required for reporting tax deducted at source from non-salary payments made to non-residents. It is a quarterly TDS statement introduced under the Income-tax Act, 2025 and the Income-tax Rules, 2026. Form 144 is the corresponding form for Form 27Q under the Income-tax Act, 2025. It appli...

Section 156 of the Income Tax Act, 2025: Rebate Rules and Limits Introduction

Section 156 of the Income Tax Act, 2025 provides an income tax rebate for resident individuals who satisfy the prescribed income conditions. The provision applies from 1 April 2026 under the Income tax Act, 2025. It reduces the income tax calculated on total income. It does not reduce gross total in...