 Income Tax Articles
Displaying 50 - 60 of 701 in 71 pages
By CA Neil Ganatra On 15 March 2013 at 12:52
Income for putting Advertisement on your website + Section 44AD Nowadays many people are using their own website as the source of their income. The income is for allowing other brands to put advertisements on website. The brands are interested...
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By rupesh srivastava On 11 March 2013 at 12:09
S. 14A , burden of proof to claim interest expenditure is on the assessee. Subscribe TaxCorp e-Practice for the full report and to receive daily updates on Tax Laws. As informed in 11th Sep. 2012 and reported in (2012) 6 TaxCorp (DT) 52547 (SC), Inv...
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By Saurabh Maheshwari On 06 March 2013 at 12:29
Introduction: Income Tax has always been a challenge not only for students, professionals or for Department but also for tribunals and courts. The reason may be the vastness and depth of the provisions of law which makes it sometimes complicated....
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By Souvik Ghosh On 06 March 2013 at 12:29
Law under Service Tax: Services are being taxed under the Negative List approach w.e.f. 01.07.2012. The Negative List, incorporated under Sec-66D of the Finance Act, contains a list of services which are not liable for service tax. Services by wa...
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By rupesh srivastava On 05 March 2013 at 13:47
Finance Bill 2013 may overrule Following Court decision. 1. Proposed Amendment in Application of seized assets under section 132B The existing provisions contained in section 132B of the Income-tax Act, inter alia, provide that seized assets may be...
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0 comments | 3186 hits
By Manoj Agarwal On 03 March 2013 at 15:40
Income Tax Credit/REBATE of Rs. 2,000 - Detailed Analysis / FAQs Frequently Asked Questions (FAQs) Q1. Whether basic exemption limit for Individuals, HUFs, AOP & BOI under the Income Tax Act, 1961 has been raised ...
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By @VaibhavJ On 03 March 2013 at 15:37
Q. Who is eligible for deduction us/ 80E? A. Education loan should be taken by Individual (not to HUF or other type of Assessee ) Q. Is loan taken in name of any family member is eligible fo...
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By CA. VIKAS RAI On 03 March 2013 at 15:35
PROVISIONS RELATING TO DIRECT TAXES- 1. No Change in slab rates & Super Rich Tax postponed - There no change in slabs, but the Individual & HUF whose income is upto 5 Lacs get a Tax credit of Rs.2,000/-. Effectively slab is increased for t...
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By CA. RAJAT MOHAN On 02 March 2013 at 11:29
Direct Tax Highlights 1. Tax Rate Comparison A) Individual, Hindu undivided family, association of persons, body of individuals, artificial juridical person No change in the rates of income tax applicable to individual, Hin...
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By CA Suraj Lakhotia On 02 March 2013 at 11:07
Increasing savings and their optimal allocation for productive uses lead to higher economic growth. The household sector must be incentivised to save in financial instruments rather than buy gold. Excerpt from Budget Speech...
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