Income Tax Articles

Filing Return: Admission of Valid Notice?

Posted by FCS Deepak Pratap Singh 25 January 2022 1515 Views

Discover if filing an income tax return constitutes an admission that a notice is valid. Learn about non-resident exemptions and reassessment notices.

Investing Abroad: Indian Residents & Black Money Act

Posted by FCS Deepak Pratap Singh 20 January 2022 4531 Views

Understand rules for Indian residents investing in property outside India. Learn about FEMA regulations and the Black Money Act, 2015.

Voluntary Income Surrender & Penalties: What You Need to Know

Posted by FCS Deepak Pratap Singh 19 January 2022 3629 Views

Discover if surrendering income voluntarily protects you from penalties. Learn about the Supreme Court's ruling and your tax obligations.

Section 80U: Tax Exemption for Disabled Persons in India

Posted by Pranab Banerjee

18 January 2022 9449 Views

Claim tax benefits under Section 80U for disability. Learn eligibility, exemption amounts (Rs. 75,000 to Rs. 1,25,000), and required medical certificates.

Section 54F IT Act: Exemption Facts & Case Law

Posted by FCS Deepak Pratap Singh 17 January 2022 7652 Views

Understand Section 54F of the IT Act, 1961. Learn about capital gains exemption for residential property with this case law analysis. Get the facts!

Missed ITR Deadline? File Your Belated ITR Now!

Posted by CS Lalit Rajput 15 January 2022 11738 Views

Haven't filed your Income Tax Return (ITR) by the deadline? Discover how to file a Belated ITR, penalties, and crucial deadlines to avoid further issues.

HUF & Section 23(2) Benefits: Gujarat High Court Ruling

Posted by FCS Deepak Pratap Singh 15 January 2022 4471 Views

Discover if Hindu Undivided Families (HUFs) can claim benefits under Section 23(2) of the Income Tax Act. Learn about the Gujarat High Court's decision.

Income Tax Return Guide: Filing Made Simple

Posted by Amit Kumar 14 January 2022 4021 Views

Understand Income Tax, TDS, and how to file your Income Tax Return online in India. Learn the essential steps for a smooth filing process.

India Tax-Free? Exploring the Consequences

Posted by Aarti Maurya 14 January 2022 6554 Views

Imagine India without income tax. Discover the potential economic impacts, from increased spending to rising indirect taxes. Is it feasible?

Section 35AD Tax Deduction: Gas Pipeline Business

Posted by FCS Deepak Pratap Singh 14 January 2022 5619 Views

Understand Section 35AD deductions for specified businesses like gas pipelines. Learn about capital expenditure, set-off, and carry-forward of losses.