Income Tax Articles

Unjust Enrichment Doctrine: Key Rulings & Exceptions

Posted by nikunj 26 August 2007 15883 Views

Explore the doctrine of unjust enrichment in India with key court rulings. Learn when refunds are allowed, even with duty paid under protest.

India Tax Filing: New ITR Forms Explained

Posted by CA Nikita 23 August 2007 5122 Views

Navigating India's new tax filing forms for AY 2007-08? Understand the changes, requirements, and how they impact your return. Get clarity now!

Section 54: Investing Capital Gains in One or More Houses

Posted by CA Nikita 21 August 2007 4423 Views

Understand the debate around Section 54 of the Income-Tax Act: can long-term capital gains be reinvested in multiple houses? Explore the singular vs. plural interpretation.

Self-Employed Tax Planning: Tips to Save Money

Posted by Mr. PURNA P 17 August 2007 19239 Views

Navigate self-employment taxes with ease. Discover tips on estimated payments, family employment, retirement plans, and deductions to lower your tax bill.

New ITR Forms: AIR Details You Must Report

Posted by RAJAN GUPTA 14 August 2007 7318 Views

Discover which transactions require AIR reporting in new ITR forms. Avoid penalties by reporting cash deposits, credit card payments, and property sales.

Belated Income Tax Returns: Filing & Refund Rights

Posted by Late CA Sampat Jain 14 August 2007 9452 Views

Understand your rights for filing belated income tax returns and claiming refunds. Learn about time limits and recent court rulings.

Income Tax Planning: Strategies to Minimize Your Tax Burden

Posted by Mr. PURNA P 14 August 2007 10696 Views

Discover effective income tax planning strategies to reduce your federal tax liability. Learn about deferring income, shifting income, deductions, and investments.

Research & Development Cess Act: Tax Implications

Posted by siddharth 06 August 2007 32128 Views

Understand the Research & Development Cess Act, its 5% levy on technology imports, and payment guidelines. Learn about tax implications for know-how transfers.

MAT Credit: Understanding & Accounting for Minimum Alternate Tax

Posted by CA Nikita 30 July 2007 7150 Views

Learn about MAT credit, its availability, carry-forward rules, and accounting treatment under AS-22. Understand how to set off MAT credit and present it as an asset.

Perk Value Reduced: 20% to 15% IT Accommodation Changes

Posted by HVNK 30 July 2007 5170 Views

Understand the recent reduction in Perq value from 20% to 15% for company accommodation. Find out how IT departments determine city population for housing benefits.