Income Tax Articles

Extra deduction of Rs. 20,000 under section 80CCF

Posted by Nandan Narula 25 April 2021 89034 Views

Another avenue to save tax was introduced in the Budget 2010 in the form of section 80CCF. This section allows a deduction of Rs. 20,000 for investments made in Infrastructure Bonds. Recently, IFCI has come up with an issue of Long Term Infrastructu

ETDs & ETCS Returns: Understanding Quarterly Inconsistencies

Posted by RAJAN GUPTA 25 April 2021 8960 Views

Discover why quarterly ETDs and ETCs returns can be inconsistent and learn how to identify and resolve these discrepancies for accurate financial reporting.

3 SMARTS OF BUDGET 2010-11

Posted by Indraneel Sen Gupta 25 April 2021 10785 Views

PETROL: Walk Out Yesterday the Parliament of India have created a history by making a walkout even before the budget was yet to be finished. The opposition parties made the walkout once it was declared in the budget that petrol prices

BUDGET WINE IN NEW BOTTLE

Posted by Indraneel Sen Gupta 25 April 2021 5755 Views

Month of February is the shortest month of the year and this shortest month gets the highest importance other than any month of the year. For Indian economy it is the month where all expectation and desires followed with wishes and prayers are ex

MAT in Simple Way

Posted by CA Ayush Agarwal 25 April 2021 12200 Views

Friends, I Hav Tried To Present MAT in simple Way.1. Normally companies are maintaining two set of books of accounts.2. Some times income computed under income tax law will be zero or negative. In this situation the company will escape from payment o

e-tax payment faq

Posted by HARANATH 24 April 2021 8886 Views

What is e-tax payment?Ans. This is a facility provided to the taxpayers to make income tax payments through internet using net-banking facility. Can I use this facility to pay income tax?Ans. You can, if; a) You have a bank account with net-banking f

New 12A Registration Procedure for Charitable Trusts in India

Posted by CA Amrita Chattopadhyay 24 April 2021 8832 Views

Understand the new 12AB registration process for charitable trusts in India. Learn about validity, online applications, and key changes under the Income Tax Act.

Place of effective management (POEM)

Posted by Sudhag 24 April 2021 19036 Views

There has been change in section 6(3) regarding the determination of residential status of Company.

Form 10A & 10AB: New Trust Registration Law Explained

Posted by CA Harshali Salvi 23 April 2021 14480 Views

Understand the new law on trust registration with Forms 10A and 10AB. Learn who needs to apply and the deadlines for charitable and religious organisations.

How Can You Effectively Manage NPAs?

Posted by T.R.Radhakrishnan 21 April 2021 10091 Views

Management of NPA (Non Performing Assets) - New suggestion - An old wine in new bottleRecently Mr. Piyush Goyal, Finance Minister, announced setting up of a co...