The Government has done a lot to remove income d
Arjuna(Fictional Character) : Krishna, new ITR forms have been notified by CBDT, what is your view on that?
The term 'Place of Effective Management' (POEM) had already been in existence in the Income Tax Act, 1961 ('The Act') for the purpose of application of special provisions for taxing shipping
1. *If the taxpayer is a director in a company* at any time during the tax year, following details need to be furnis
The all new Income Tax Return Forms for AY 2019-20 have been released. The ITR forms ITR-1 and ITR-4 have also been made available for e-filing.
House Rent Allowance also popularly referred to as HRA is a special allowance granted by employer to his employee to meet his house expenses (i.e. basically his..
In a bid to implement the government's mission to make India a cashless or less cash country and weed out corruption, the Income Tax Department has again
IntroductionLok Sabha Elections are on the way. This may sound a trending topic these days to discuss the various sources of income and relative taxation of suc..
In this article we will understand why section 269ST is introduced and what is the need of invoking such pr
The concept of Significant Economic Presence (�SEP�) was introduced in the Income-Tax Act, 1961 (�the Act�) from April 1, 2018 i.e. A.Y.
Online GST Course - Master the Fundamentals of GST with Practical Insights