Income Tax Articles


All About Provision of Section 56(2)(X) of Income Tax Act, 1961

  Safder Alam    26 December 2020 at 11:58

Over a period of time, the Goi has time to time amended these provisions. Before 2017, Gift was taxable in hands of Individual, HUF, Firm and Closely held Company at tax is levied at the rates prescribed by Finance Act.



Weekly Finance and Tax News Bulletin by CAclubindia - 19th Dec to 26th Dec 2020

  CCI Team    26 December 2020 at 11:48

In this article, we will discuss the major updates from the Finance and Tax Industry between 19th December and 26th December 2020



TDS u/s 192 - Payment of Salary

  CA.R.S.KALRA    24 December 2020 at 15:19

All persons paying salary are responsible to deduct TDS on income chargeable under the head "Salary". In this article, we discuss all about TDS u/s 192 - Payment on Salary.



Presumptive Taxation in case of Partnership Firms and Applicability of Section 69C

  CA.R.S.KALRA    23 December 2020 at 09:50

In this article, we discuss the provisions of Presumptive Taxation in case of Partnership Firms and Applicability of Section 69C in the case where the assessee has adopted the presumptive tax system.



Permanent Establishment under International Taxation

  Venkat Raj    23 December 2020 at 09:50

This article will focus on a very vital topic in the International taxation field. There are different views regarding permanent establishment based on the OECD model and the UN model.



Introduction to TDS

  CA.R.S.KALRA    22 December 2020 at 08:55

TDS works on the concept that every person making a specified type of payment to any person shall deduct tax at the rates prescribed in the IT Act at source and deposit the same into the government's account.



International Taxation: Taxation of Non-residents Shipping Business-Section 44B of the Act

  CA Mehul Thakker    21 December 2020 at 17:53

In this article, CA Mehul Thakker explains the concept of International Taxation with regard to the Taxation of Non-residents Shipping Business in Section 44B of the Income Tax Act.



Amendment to Sec 194J w.e.f 01.04.20 - The 2% and 10% Conundrum

  CA. Ankit Chandrakar    21 December 2020 at 09:56

In this article, we will understand the amendment in Section 194J w.e.f 1st April 2020 - Interpretation of "Fees for Technical Services" (FTS) and "Fees for Professional Services" (FPS)



Important Judicial Pronouncements on Presumptive Taxation

  CA.R.S.KALRA    17 December 2020 at 15:09

In this article, we discuss all the Important Judicial Pronouncements on Presumptive Taxation under the Income Tax Act 1961.



Residential Status under the Income Tax Act

  Venkat Raj    17 December 2020 at 10:06

Residential status is a vitally critical component under Income tax. It varies for various classes of assessees. The concept of residential status lies under Income tax and FEMA.




Popular Articles




CCI Pro
Follow us

CCI Articles

submit article