Income Tax Articles

Assessment of Partnership Firms under income tax act,1961

Posted by PUSHP KUMAR SAHU 25 February 2019 12481 Views

Assessment of Partnership Firms under income tax act,1961 In this article we will deal with the assessment of firms with one brief example,First question is Wha...

Case Study on Foreign Tax Credit : Exemption or Deduction?

Posted by Harshad Natu 22 February 2019 7798 Views

Who doesn't like to save taxes? Or who wouldn't like to stay in a tax haven where you don't need to pay any taxes on income?

Do I Get Tax Benefits For Buying Health Insurance?

Posted by Guest 20 February 2019 7971 Views

It is imperative to get adequate medical insurance cover even before planning to save for one's goals. What's more, the premium paid also provides tax b

Google Tax : Equilisation levy introduced by Finance Act, 2016

Posted by Amol Gopal Kabra (CA,CS,DISA) 19 February 2019 7968 Views

INTRODUCTION The last two decades have witnessed momentous change in technology. The entire globe has been moving towards digitization in a lightening speed. Th...

Filing of Income Tax regular return, Loss Return and Revised Return

Posted by Mahendra Borhade 18 February 2019 10006 Views

Let's begin with a small story, there is one person named Mr. Sham residing at Pune, he is having a Raw house of around 5000 square feet, he constructed t

Income Tax exemption upto Rs 5 lac: All you want to know?

Posted by Priya Kashyap 18 February 2019 11699 Views

The announcement made by the Finance Minister (FM) of no tax liability for income upto Rs. 5 lakhs created euphoria initially. This most beneficial proposal i...

Taxation of Gifts under Income Tax Act, 1961

Posted by Amol Gopal Kabra (CA,CS,DISA) 18 February 2019 13263 Views

BACKGROUNDGifts have always been a topic of hot discussion as far as income tax laws in India are concerned. We have experienced a lot of changes in taxability ...

Insights of Rule 46A of income Tax Rules-1962

Posted by Mahendra Borhade 11 February 2019 21800 Views

When we are disagree with the assessment order passed by AO, we prefer appeal to the higher Authority, the First Appeal shall be preferred before Deputy Commiss...

The Right Mark-up: A study on Transfer Pricing in Private Equity

Posted by Saili Kulkarni 06 February 2019 11102 Views

The Marauders Map for TP Litigation? To understand and analyse the Transfer Pricing issues related to foreign fund houses better, we looked at the litigation sc...