CCI Online Coaching    |    x

computation of total income format

News

CBDT extends due date for filing return to 5th August 2016


F No 225 195 2016 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block IT II DivisionNew Delhi the 29thof July 2016 Order under Section 119 of the Income tax Act 1961 On consideration of reports of Bank strike on 29thJuly 2016 Friday and the

FM takes a serious view of opposition by Income Tax officers


The Union Finance Minister Shri Arun Jaitley takes a serious view of the resolution by Officers of Indian Revenue Service Income Tax against Department of Revenue The Ministry of Finance has learnt through a newspaper item which appeared today that some officers of Indian Revenue Service Income tax

Undisclosed income of Rs 21354 cr detected in last 2 years


There is no official estimation of the amount of black money stashed away abroad Various non governmental organizations and economists in the past have indicated certain estimations of illicit financial flows out of the country Such estimations appear to be based upon different sets of facts assumpt

IT dept to issue 7 lakh letters seeking information in respect of high value non PAN transaction


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 21st July 2016 Sub Income Tax Department to issue 7 lakh letters seeking Information in respect of High Value Transactions Under the Annual Information Returns AIR various types of high value transa

Detection of black money by Government


Recognizing various limitations under the existing legislation Income tax Act 1961 etc the Government enacted a new law The Black Money Undisclosed Foreign Income and Assets and Imposition of Tax Act 2015 to specifically and effectively tackle the issue of black money stashed away abroad This has in

More News



Experts Opinions

Rental income of property inherited


Properties inherited after death of father is now transferred in the names of his widow and children s All the Properties are now in the name of Widow and children without mentioning their share How will rental income from Joint Property inherited be taxed Will it be taxed as AOP or will it be taxed

mandap keeper income


our client received mandap keeper income how to show the income from income tax and tax benefits

Penalty of income tax


whether any penalty can be paid only on demand by income tax department or paid penalty by self

What the process to do income tax audit?


Dear Sir What the process to do Income Tax Audit

Income tax


Dear Sir What is the limit for cash deposit in Current Account What is the solution if party cash deposited Rs 1400 000 directly in current account

Discussion

Service tax on professional income(consultancy)

I am a public health expert medical doctor I am joining an organization where I will be paid professional fees consultancy Please tell me whether I have to pay service tax on my income apart from the TDS deductions

Gross total income wrongly submitted

Hi Sir i submitted Gross Total Income wrongly After sumit how to edit ITR 1

Income tax on deemed to be let out property

I have 2 house property 1 self occupied and another 1 is deemed to be let out property I know that I dont need to pay tax on self occupied house but I want to know would I have to pay any tax on deemed to be let out property whether I have no income from that house If I have to pay taxes on that dee

Format of asset declaration by principle officers of an ngo

Recently Government has declared to submit the Asset details of all Principle Officers of an NGO under the Lokpal Act is there any standard format in which the declaration needs to be made Can one submit his personal Balance Sheet instead

Treatment of income tax refund u/s 198 of companies act

Hai all The query is regarding treatment of income tax refund for computation of profits u s 198 of the companies act 2013 Can the amount of Income tax refund along with interest be deducted from profits while calculating profit under section 198 under what circumstances can Directors remuneration b

More Messages






File Download

  • Deduction Allowable To Taxpayer

    All Deduction Available To Tax Payer By Income Tax Act 1961 At One Place
  • Order for extension of time limit u/s 139(1)

    In exercise of the powers conferred u s 119 of income tax act 1961 CBDT extended time limit for filing return u s 139 1 from 31st July to 5th August 2016 due to bank strike on 29th July and public holiday sunday on 31st July
  • SBI Loan Affidavit in Excel Format

    THIS AFFIDAVIT FORMAT IS USED WHILE TAKING CASH CREDIT FROM STATE BANK OF INDIA
  • IDT Custom Case Laws

    case laws in short format to for easy and better understanding
  • Income Tax Calculation 2016-17

    Prepare form 16 upto 500 employee in single excel sheet Tax calculation and prepare section 89 1 relief from F Y 1985 86 to 2016 17 View Tax Rate for last 31 years Calculation of Tax under section 234A 234B 234C prepare challan no 280 281 Find out TDS TCS rates Find out Maturity value of Term Deposit RD House Rent Allowance rebate calculation and find out interest on NSC and much more in single excel sheet

More Files

Articles

Income Tax Deductions 2016-17


Dear All Here are Income tax Deductions taking effect of amendments as per finance budget 2016 presented by Mr Arun Jaitely Income tax deduction for AY 16 17 Section 80c The maximum tax exemption limit under Section 80C has been retained as Rs 1 5 Lakh only The various investment avenues or expenses


Who? What? How for the income declaration scheme, 2016


THE INCOME DECLARATION SCHEME 2016 SNO QUESTION SOLUTION 1 Who Is Eligible For This Scheme 1 The Person Who Has Not Received Any Notice Under Section 142 1 143 2 148 153a 153c For That Assessment Years Will Only Be Eligible For Declaration 2 No Proceeding For That Assessment Years Is Pending Before


Netaji, aap income tax return file karo, to hum tumare saath hai?


Arjuna Fictional Character Krishna the Maharashtra Election Commission has cancelled registration of 191 political parties for not filing income tax return and audit report What will happen and what will be its consequences if a common man does not file income tax return Krishna Fictional Character


Why filing of Income Tax Return before 31st July is Important?


Arjuna Fictional Character Krishna July month has started It is said that income tax return has to be filed in this month So who are required to file income tax return before 31st July and what care they should take before filing it Krishna Fictional Character Arjuna every person whose annual income


Section 115-UB Tax on income of investment fund and its unit holders


Introduction Its Applicability Section 115 UB of Income Tax Act 1961 shall be inserted by the Finance Act 2015 and is applicable w e f 01 04 2016 Extract of Budget Speech 15 16 I propose to undertake a series of steps in this direction to attract capital both domestic and foreign Tax pass through is


More Articles


Updated on : 8/3/2016 8:56:14 AM


EY


close x