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Income Tax Articles


Related party transactions, whether related?

  PRABHAKAR KS    30 January 2018 at 10:53

Synopsis To run a business and make adequate tax planning, an assessee and entities may require entering into a number of transactions with outsiders as well as..



Tax Planning for Salary and Small Income Group

  CA PRADEEPTA & Ms. PRARTHANA,    25 January 2018 at 11:17

Every year towards the last quarter of the financial year mostly individual assesse run from pillar to post to make sure they have availed all the options available with them to reduce their tax liability.



Practical aspects of Section 194 I and Section 194 IB of the Act

  CA Mehul Thakker    22 January 2018 at 16:27

In this article we will be touching upon the provisions of the Income Tax Act, 1961 relating to TDS in case of rent paid or payable by Individual/ HUF. Moving f..



History & Evolution of Income Tax Act in India

  Tarun Kumar Madaan    17 January 2018 at 10:19

In India, the system of direct taxation as it is known today has been in force in one form or another even from ancient times. In this article, we are discussin..



Practical aspects of Section 194 IA and Section 195 of the Act

  CA Mehul Thakker    11 January 2018 at 13:35

In this article we will be touching upon the provisions of the Income Tax Act, 1961 relating to TDS in case of purchase of Immovable property.Moving forward, th..



Tax Saving options other than deductions u/s 80C for the A.Y 2018-19

  Tarun Kumar Madaan    09 January 2018 at 11:14

It is the high time of the year when taxpayers are looking for the options to save their income tax liability. Since they have to make the investment before 31s..



What is BEPS?

  Nirmal Beniwal    09 January 2018 at 11:13

Introduction: BEPS is acronym for Base Erosion and Profit Shifting. Base erosion and profit shifting (BEPS) refers to tax avoidance strategies that



Income Tax Return Filing by Individuals for the A.Y 2018-19

  Tarun Kumar Madaan    05 January 2018 at 11:38

Return of income is the format in which the assessee furnishes information related to his total income and tax payable. It is a declaration of income by the ass..



What is a DTAA?

  CA Amar Kumar    05 January 2018 at 11:38

Double taxation avoidance agreement (DTAA) - A simplistic overview of a DTAADouble taxation is a levy of tax in two or more countries on the same taxpayer in re..



Insight to Equalisation Levy

  Nirmal Beniwal    30 December 2017 at 12:18

This article describes the equalisation levy, its implications and procedural aspects.