https://www.taxtmi.com/article/detailed?id=9842 Corporate taxable income management requires selecting eligible tax-rate options that may limit entitlement to certain deductions and carryforwards; ensuring expenditures meet the wholly and exclusively business test for deductibility; claiming specific statutory deductions (including additional depreciation, R&D and targeted Chapter VI A incentives) subject to prescribed conditions; and complying with TDS, non-cash payment norms and timely filing to preserve deductions and loss carryforwards. Capital gains carry distinct rates by asset type and holding period, with conditional reinvestment exemptions for industrial property and prescribed bonds. en-us Tue, 15 Jun 2021 07:56:36 +0530 Tue, 15 Jun 2021 07:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9842 Corporate taxable income management requires selecting eligible tax-rate options that may limit entitlement to certain deductions and carryforwards; ensuring expenditures meet the wholly and exclusively business test for deductibility; claiming specific statutory deductions (including additional depreciation, R&D and targeted Chapter VI A incentives) subject to prescribed conditions; and complying with TDS, non-cash payment norms and timely filing to preserve deductions and loss carryforwards. Capital gains carry distinct rates by asset type and holding period, with conditional reinvestment exemptions for industrial property and prescribed bonds. Articles Income Tax Tue, 15 Jun 2021 07:56:36 +0530 https://www.taxtmi.com/article/detailed?id=9842