Income Tax Articles

Duplicate PAN Card: How to apply for a Reprint of PAN card with Aadhaar

Binu Francis 08 October 2018 at 11:03

If you want to reprint your PAN card then visit official website and select the option for PAN reprint or duplicate request. Check out the full details here.

Penalty on delay of filing return on time

Ramawatar Garodia 08 October 2018 at 11:02

Sec.234F, introduced w.e.f. 01.04.2018 has been intorduced to levy a "late fee" of Rs,5000/- if a person fails to file Return as required u/s 139, wit

Extension of due dates, a tool of politics in India

PRADEEP KUMAR GARG 03 October 2018 at 11:25

Dear Friends,As an accountant in the industry, I realize that the main reason of extension of due dates of filing of tax returns in India almost every year is s..

Tax Audit of Assessee in Share Trading Business

CA Sunil Kumar 01 October 2018 at 11:27

Understanding is much deeper than knowledge. There are many people who know us, but very few who understand us.Life doesn't allow for us to go back and fix

Unfolding the amendments to the prohibition of Benami property transactions act, 1988

CA. Milind Sharma 27 September 2018 at 10:58

November 2016 is the most significant event in the timeline of the Prohibition of Benami Property Transactions Act, 1988 [erstwhile The Benami Transactions (Prohibition) Act, 1988],

Taxability of Co Op Housing Society Income

AKTAssociates 26 September 2018 at 11:24

Every single autonomous substance are liable to tax collection in India. Taxability of Housing Societies is by and la

Please help stressful CAs and Tax consultants

CA Umesh Sharma 25 September 2018 at 11:05

Arjuna (Fictional Character): Krishna, Lord Ganesha is considered t

[Solution] Error in establishing connection with TRACES Websocket Emsigner

B Vinay Reddy 24 September 2018 at 11:01

'Error in establishing connection with TRACES WebsocketEsigner. Please ensure that WebSigner Setup is installed and service is running on your machine and there are no proxies enabled on the browser while doing DSC activities'

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..