Income Tax Articles

Income tax planning for a land developer

CA Atul Singhal 05 February 2019 at 10:56

TAX PLANNING FOR A LAND DEVELOPERThere is no specific exemption is available in Income Tax Law to non-individual assesses to save tax on Gain on Sale of Immovab..

How to tackle the notice issued u/s 271(1)(c)

Gaurav 05 February 2019 at 10:56

For invoking the provisions of section 271(1)(c) of the Income Tax Act, satisfaction of the concerned income tax authority is must that any person has:- Either ..

Notice under section 143(1) of Income Tax Act 1961

Bhargav Sai Prasad K 04 February 2019 at 10:55

Notice under section 143(1) of Income Tax Act 1961Basic Understanding The income tax department validates each ITR wit

Search (Raid) & Seizure under income tax act, 1961

PUSHP KUMAR SAHU 29 January 2019 at 11:33

Search & Seizure action by the income tax department popularly referred to as �RAID� invo

Capital Gain Account Scheme,1988

Sai Teja Pachipulusu 29 January 2019 at 11:27

Before discussing the concept of Capital Gain Account Scheme let us know who are eligible for claiming exemption & when the exemption can be claimed from ca

Submission of Form 15G & Form 15H to avoid TDS on interest income

ARUN KUMAR 29 January 2019 at 11:27

1. What is Form 15G and Form 15H?Form 15G and Form 15H are forms which a person can submit to make sure TDS is not deducted on income if that assessee meet the ..

Submit Form 15G and Form 15H to avoid TDS on interest income

Susmita Dutta, CA , CPA 23 January 2019 at 11:11

1. What is Form 15G and Form 15H?Form 15G and Form 15H are forms which a person can submit to make sure TDS is not deducted on income if that assessee meet the ..

NRI Taxation under the Indian Income Tax Act, 1961

Bhargav Sai Prasad K 22 January 2019 at 11:37

NRI Taxation under the Indian Income Tax Act, 1961, applies to those earning outside the home country. The income tax rules and perks allowed to them are dras

Multilateral instruments - Treaty abuse

CA Sandeep Bhatnagar 22 January 2019 at 11:37

OECD AND G20 countries along with developing countries have been working for the development of the �Base Erosion and Profit Shifting� (BEPS) Projec

Commissioner Appeals and Revisions under Income Tax Act, 1961

PUSHP KUMAR SAHU 21 January 2019 at 10:51

APPEALS AND REVISIONS UNDER INCOME TAX ACT, 1961The Constitution of India gurantees the citizens of the country certain fundamental rights. Therefore , under a..