Income Tax Articles

Income tax perspective - Sale of Immovable Property by a Non Resident Indian

CA. Siva Nagaraju 23 August 2019 at 11:05

Through this article, I am making an effort to present the following, 1. How a non-resident seller can avoid liquidity crunch; 2. What are the responsibilities of a buyer dealing with NRI Seller and the consequences of non-compliance.

Mutual Fund - Meaning, Types, Risks, Returns & Taxation

Soumya Laha 22 August 2019 at 11:23

"Mutual Fund investments are subject to market risks. Please read the offer document carefully before investing."

Common mistakes made by Taxpayers

Vinod Araveti 21 August 2019 at 10:50

Common Mistakes incurred By Tax Payers All those who have taxable income of more than Rs.2.5 lacs has to mandatorily file the income tax return. It is very impo..

Income & Expenditure pertaining to Pre-commencement business period by startups

Mayank Mohanka 21 August 2019 at 10:49

"To be curious is a good thing and to work towards satisfying ones' curiosity is even better."- Mayank Mohanka

New Direct Tax Code all set to replace the Income Tax Act 1961

Vaishali Dhek 20 August 2019 at 15:35

The Modi led government in its last term constituted a Task Force to rewrite the Income Tax Law that would reduce compliance and tax burden and make tax governa..

Predatory pricing under Income Tax Act

Dilip K Raina 19 August 2019 at 10:41

The dictionary meaning of the word PREDATORY PRICING: A pricing method of selling certain goods at a lower price than is required, or to give away goods for fre..

Sections 50C of IT Act resulting in Double Taxation?

Mayank Mohanka 19 August 2019 at 10:41

Sections 50C/43CA/56(2)(x) of Income Tax Act concerning Adoption of Circle Rates for Computation of Capital Gain/Business Profits/Income from Other Sources on L..

194A :TDS on Interest other Interest on Securities

Vishal Punchhi 13 August 2019 at 11:17

The article presented to show the TDS provisions contained under section 194A of the Income Tax Act

Calculation and Reporting of LTCG

CA Varsha Chopra 12 August 2019 at 11:20

Calculation of LTCGLTCG on transactions in listed equity and equity mutual fund units in FY 2018-19 is to be calculated as per a new tax regime introduced in B..

7 Tips to Ease Your Income Tax Return Filing Experience

Kapil Rana 12 August 2019 at 11:19

As the last date of income tax return (ITR) filing date nears, most taxpayers find it confusing to deduce their taxable amount. With the introduction of e-filin..