Income Tax Articles

Some decisions of various courts, tribunals related to various sections of IT Act 1961

FCS Deepak Pratap Singh 29 April 2022 at 09:07

Decisions of various courts, tribunal related to various sections of IT Act 1961

Some facts to be kept in mind while tax planning for FY 2022-23

FCS Deepak Pratap Singh 27 April 2022 at 08:34

For the central government employees, the government was already contributing 14% of employee's wages towards employee's NPS account. Starting this FY, state government employees will receive a 14% contribution into their NPS account from their respective state governments.

Mandatory filing of Income Tax Return

Neethi V. Kannanth 26 April 2022 at 08:46

If you are unsure about whether you are required to file an income tax return, then this article will help you get clarity. Read on to know more about it.

What's in a Face? - A Poetic Tribute to the New Era of Faceless Assessments

Mayank Mohanka 25 April 2022 at 08:50

Friends, it is often said that a "Poem" conveys your thoughts in lesser words but with a greater impact. So, here is my "Poetic Tribute to the New Era of Faceless Assessments" in my Poem titled, "What's in a Face?". The entire scheme of Faceless Assessments has been explained beautifully in a poetic manner in this Poem.

Non-compete fees paid to key employees at the time of joining is in the nature of "Salary Income"

FCS Deepak Pratap Singh 23 April 2022 at 11:19

Karnataka HC rules that non-compete fees paid to key employees at the time of joining is in the nature of "salary income".

Sec 10(34A) - Income on account of buyback of unlisted shares - Is it completely tax exempt?

Rish s 23 April 2022 at 08:57

Sec 10(34A) "any income arising to an assessee, being a shareholder, on account of buyback of shares (not being listed on a recognized stock exchange) by the company as referred to in section 115QA"

An Overview on Section 115BAB

Rish s 20 April 2022 at 08:48

A short analysis on Section 115BAB of Income Tax Act

Which ITR forms can be used for filing of returns?

CA Rahul Mittal 19 April 2022 at 15:50

Form to be used by a taxpayer to file the Income-tax return for the assessment year 2022-23

Complications caused by cash transactions in income tax

CA Rahul Mittal 18 April 2022 at 14:43

Government wants that people use banking system and in the same direction some new provisions added in the Finance Act, 2017 to prevent black money. We will discuss all the provisions related to cash transactions, exceptions of the same and consequences of them as well.