Income Tax Articles

Which ITR to choose for Commission Agents: ITR 3 or ITR 4?

Soumya Laha 21 September 2018 at 15:37

Commission Agents are Businessman or Professionals? What do you think?If you think that Commission Agents are Professionals, then you are wrong. Many people tho..

Presumptive taxation - An analysis under different scenario

Sivaraman A R 20 September 2018 at 10:52

This article discusses about the different situations under which an assessee has to maintain books of accounts and conduct tax audit under Income Tax Act with..

Modern bulk payouts alternatives to corporate internet banking (2018 Update)

Guest 18 September 2018 at 17:22

Modern bulk payouts alternatives to corporate internet banking (2018 Update)Professionals handling finance function of businesses interact with banks on a regul..

Case Study: Is it merger or distribution of assets?

CA Nirmit Sharma 18 September 2018 at 10:39

Brief facts about the case Gabs Investments Private Limited ('GIPL')

Benami Law: A Journey from perfectly legal to a Criminal Offence with Imprisonment

CA Vipin Garg 13 September 2018 at 11:12

1. Historical Background of Benami Law � Perfectly Legal before 1988 1.1. Benami transaction in simple words implied that the real owner of the

Understanding Sukanya Samridhi Account Yojana

Deepanshi Bansal 12 September 2018 at 11:02

The Sukanya Samriddhi Account (SSA) is an initiative started by the Government of India as a part of its Beti Bachao Beti Padhao campaign.This scheme was launc..

How to register Educational Institutions under IT Act

Sandeep Rawat 11 September 2018 at 10:51

COMPLETE ANALYSIS ON REGISTRATION OF EDUCATIONAL INSTITUTIONAL IN DIFFERENT FORM WITH INCOME TAX LAW let us discuss the taxation policy in each case of registra..

How to file TDS Correction Statement prior to FY 2011-12

B Vinay Reddy 10 September 2018 at 10:57

Hello Everyone,You might be facing below error while requesting for Online correctionn on TRACES for FY prioir to FY 2011-12 -"Online correction on TRACES

Minimum tax payable by senior citizen is Rs 2575

Mukesh Kuriyal 03 September 2018 at 11:53

MINIMUM TAX PAYABLE TO SENIOR CITIZENS FOR FIN YEAR 2017-18 WAS RS 2575 SO WHETHER THIS WILL CREATE REVENUE LOSS OR BENEFIT WHY WAS SENIOR CI

What happens if you miss ITR filing deadline

CS Karan B. Khattri 01 September 2018 at 12:28

An INCOME TAX RETURN is the tax form or forms used to file income tax with the Income Tax Department. The tax returns usually in a predefined worksheet format w..