Income Tax Articles
Displaying 1 - 10 of 688 in 69 pages
By rupesh srivastava On 24 May 2013 at 12:30
Recently on 20th Feb 2013 ITAT bench held that, Non-agricultural property, whether inside the municipality or outside the municipality or even in a remote village is a capital asset and transfer of the same may generate income liable f...
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0 comments | 211 hits
By Saurabh Maheshwari On 23 May 2013 at 12:26
In continuation of my previous article on Income Tax procedures, I have once again come up with next part having special focus on scrutiny assessments.
Links to previous parts:
Part 1: Income Tax Practical Procedues in FAQ Style...
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By CA SURENDRA KUMAR RAKHECHA On 23 May 2013 at 12:25
More than Rs. 45,000 Cr. is involved in TRANSFER PRICING TAX MATTERS in India. . India's share is 70% of world's DISPUTED TAX MATTERS pertaining to Transfer Pricing. At least we have "distinction marks" in this field). :) . In ...
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By Ashish Barthwal On 21 May 2013 at 12:09
The concept of MAT was introduced under ITA to tax companies making high profits and declare dividends to their shareholders but have no significant taxable income because of exemptions, deductions and incentives. The primary cause is not tax ...
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By CA. Anuj Gupta On 17 May 2013 at 12:49
Those availing of treaty benefits would now have to file returns of their incomes in India, even if those arent liable to be taxed here. The government has changed the Income Tax Rules, making it mandatory for certain classes of assessees, in...
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By CA SURENDRA KUMAR RAKHECHA On 16 May 2013 at 14:01
QUOTES ON INCOME TAX : CA SURENDRA RAKHECHA . . READING OF A "SECTION" GIVES DIFFERENCE RESULTS ! . . 1. At First Reading; you will HARDLY understand it. 2. At Second Reading; "SOMETHING" you will understand. 3. At Third Readin...
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By Ganeshbabu K On 13 May 2013 at 10:47
As per Income tax act 194C, TDS is not required to be deducted on payments made to transporter If PAN number has been provided to the deductor. Further as per Section 197 of Inco...
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By Ashish Kedia On 13 May 2013 at 10:47
It seems the arrogance of the government simply refuses to die! Inspite of being witness to one of the largest mass movements over the last 4-5 days by the business community in recent time, the government seems to be in no mood to show any empathy....
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By CA Pardeep Chanana On 10 May 2013 at 13:18
Form & mode of filling of Income Tax Return for A Y 2013-14 Relevant Sections of Income Tax Act, 1961:- 139(1), 139(3), 139(4A), 139(4B), 139(4C), 139(4D), 142(1), 148(1), 153A All Applicable Return Forms for A Y 2013-14:- ITR 1 (SAHAJ) ...
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By CA Pardeep Chanana On 10 May 2013 at 13:18
INTRODUCTION Applicability of transfer pricing provisions was earlier limited to International Transactions only. With effect from 01.04.2013, the scope of Transfer Pricing provisions is extended to Specified Do...
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