computation of total income format


Draft Guiding Principles for Determination of Place of Effective Management (Poem) of a Company Formulated

The Finance Act 2015 has amended with effect from 01 04 2016 the provisions of Income tax Act relating to determination of residence of a company In accordance with the amended provisions a company wo

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Now quote PAN if cash payment is made above 2 lac

The Government is committed to curbing the circulation of black money and widening of tax base To collect information of certain types of transactions from third parties in a non intrusive manner the

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Clarification regarding Notices of defective returns issued to FII/FPIs

Notices of defective returns were issued under Section 139 9 of the Income tax Act to Foreign Institutional Investors Foreign Portfolio Investors FIIs FPIs in cases where Balance Sheet and PL account

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New facility of pre-filling TDS data while submitting online rectification

Central Board of Direct Taxes CBDT has simplified the process of online rectification of incorrect TDS details filed in the Income Tax Return Taxpayers were required to fill in complete details of the

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Refund pending below Rs 50000 to be expedited

Central Board of Direct Taxes CBDT issues directions for expediting pending refunds below Rs 50 000 for Assessment Year s 2013 14 and 2014 15 in all cases except those selected for scrutiny The Income

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Experts Opinions

Efiling of income tax

I have filed origional return manually and I have acknowledgement number When I try to file revised return online income more than 10 lac it is not accepting acknowledgement number Since my income is

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Due date of filing of return of income

what are the due dates of filing of return of income in the case of domestic company for following assessment years 1991 92 1992 93 1993 94 1994 95 1995 96 1996 97 1997 98 1998 99 1999 00 2000 01 2001

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Income tax on credit card

I have a credit card and my credit card is used by my friends relatives and colleagues to do purchases which makes my spending for more then 2 lakhs and I don t have that much income They return me th

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Taxable income

Dear Expert Is contribution received by trust from trustees is a taxable income in the hands of Trust and eligible for Deduction under section 11 and 12

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Where to show section 44ae income in itr-4

Sir I am having income from 2 Heavy Trucks I am having no other business except Truck Sir I am having income from Agriculture income of Rs 72000 Since i can not show agriculture income in itr 4s excee

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Income tax website log in

The client individual has an active PAN number and has e filed returns for the past 3 assessment years The client forgot his password and reset it using OTP option giving new mail id and mobile number

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Exemption from income tax for st

Is their any provision for a Shedule Tribe from Assam residing in Delhi to get exemption from paying income tax

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Twice filed return of income

one of our client salaried has filed income tax return once manual and on missing of receipt he has done e filling for same return now what is the solution

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Income tax return filing

Mr A has two business One is general commission agent and another one is retails business which was eligible for presumptive income as per section 44AD In which ITR Form he has to file return and How

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Netherlands income tax treaty

Hi All Can anyone please let me know about tax computation in the below case A person is working for UN and posted in Netherlands Is any specific tax computation is applied for UN employees Also is th

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  • AY 12-13



  • Income tax Amendment regarding Form 15CA and 15CB



  • Correction of information compiled for Administrative Hand Book 2016

    Correction of information compiled for Administrative Hand Book 2016


  • SEBI - Formats for publishing financial results

    SEBI Formats for publishing financial results CIRCULAR CIR CFD CMD 15 2015 November 30 2015


  • IT Calculator for Govt Employees for FY 2015-16

    A tool that helps govt employees to easily calculate their income tax


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Depreciation allowance under section 32 of the Income Tax Act, 1961

Depreciation is an allowance on capital assets acquired and put to use and not an expenditure unlike repairs to machinery plant or furniture It need not be incurred by the assessee during the previous

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Emotional Transformation

One morning suddenly one thought came to my mind that why some people are happy with nothing and some are unhappy even if they have everything What is the cause of unhappiness What is Fear How to live

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How to report Incomes from India while filing the tax return in USA?

It is often that people take the plea that the law is not known to them and any breach of law therefore is purely due to ignorance However the Latin term ignorantialegisneminemexcusat very aptly and s

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E-Sahyog - No more visits to Income Tax Office for mismatch

Great news from Income Tax Department Now you dont need to present yourself in office of Income Tax Authorities for correcting mismatches Income Tax Department has come up with a new initiative in for

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Video-conferencing - A recognised merger of Information Technology Act

Introduction 1 With the lapse of time information technology continues to impact on day to day activities whether it is banking communication etc Thus it is impracticable for corporate world to remain

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Updated on : 12/25/2015 1:13:10 PM

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