Income Tax Articles

Does Subscription Fee fall under Royalty

Sakshi Jain 29 July 2019 at 11:21

Does Subscription Fee Fall Under Royalty?With the increase in the complexity and growing enterprise landscape, a number of IT companies

The Most Transforming Incentive To Start-Ups In The Union Budget 2019

Ajay Agrawal 29 July 2019 at 11:21

We always find it lucrative to talk about start-ups. But to actually make it real, one need

Salary received by NRIs

Suresh Thiyagarajan 29 July 2019 at 11:21

TDS u/s 192 in case of Non-Resident IndianIt is very common for Indians to work abroad and receive a salary from a foreign company. However, there is still a co..

Set off loss under the head capital gains

Suresh Thiyagarajan 29 July 2019 at 11:11

After the introduction of sec 112A, it is important for the assessee to know the various provisions and rules attac

Taxation of Income from Cross-border Interest

CA Arun Valera 29 July 2019 at 11:11

What is Interest? I asked my students before commencing the discussion on Article 11 of the Model Tax Convention. One of my students got up and sa

Notional income in case of real estate companies

Suresh Thiyagarajan 25 July 2019 at 12:25

Income from unsold flats by Real Estate Companies:We all know at any point in time companies engaged in the business of construction of residential house proper..

Simple explanation of sec 194J by tax expert

Kavitha N 24 July 2019 at 11:15

Meera, a Student Company Secretary, she was quite clear about all the laws related to Company Act, 2013. But she was quite unclear about the laws related to Inc..

10 Important changes in ITR of 2018-19

CA Umesh Sharma 23 July 2019 at 11:58

Arjuna(Fictional Character) : Krishna, 31st July 2019 is the due date of filing Income Tax Return for the F.Y. 2018-19, to whom it is applicable and what care should be taken by the taxpayer?

Section 56 on buy back of shares : An undying conundrum

Mayank Mohanka 23 July 2019 at 11:57

Applicability of Section 56(2)(viia) & 56(2)(x) of the Income Tax Act, 1961 on Fresh /Bonus/Right Issue & Buy Back of Shares: An Undying Conundrum!!

Recourses to Assessee after his Income Tax Return is processed

Chetan Bhatt 23 July 2019 at 11:56

The income tax department examines the return of income for its correctness. The process of examining the return by the income tax department is termed as asses..