Income Tax Articles

Angel Tax Relief and the latest DIPP notification for Startups and Investors

Posted by VISHAL BANSAL 21 January 2019 7227 Views

Introduction-Angel Tax Relief vide latest DIPP notification dated 16th January 2019 has provided the exemption from under clause (viib) of sub-section (2) of se...

Form 15G - Form 15H for no deduction of tax at source

Posted by CA Mehul Thakker 19 January 2019 18258 Views

Section 197ASection 197A provides that if a declaration in a prescribed form (Form no. 15G � Form 15 H) is submitted by the recipient of income to the pay

A credit in time saves nine

Posted by Guest 18 January 2019 8990 Views

Emergency situations do not come with a warning, and it i

Section 80E - Income Tax Deduction for Interest on Education Loan

Posted by VISHAL BANSAL 16 January 2019 13876 Views

Introduction-Section 80E allows deduction in respect of payment of interest on loan taken from any financial institution or any approved charitable institution ...

Deductions under section 80G income tax act, 1961

Posted by FCS Deepak Pratap Singh 14 January 2019 18643 Views

DEDUCTION IN RESPECT OF DONATIONS TO CERTAIN FUNDS, CHARITABLE INSTITUTIONS [SECTION 80G], INCOME TAX ACT, 1961.The Government has done a lot to remove income d...

Tax Planning through a will

Posted by S K Rathi 10 January 2019 11487 Views

Tax Planning for the Creation of a Hindu Undivided Family through a Will One of the important means of tax planning which can be adopted through a Will is the ...

3 Months to go: 6 Things to Start Doing Now to Save Taxes This Financial Year

Posted by Guest 08 January 2019 14431 Views

Whether you are a loyal taxpayer or a first timer, if you haven't been planning your taxes, you will end up paying more tax than you should. When only thr

Easy calculation of long term capital gain tax on sale of shares for FY 2018-19

Posted by Prerna Saraogi 08 January 2019 23179 Views

Income from the gain on sale of shares was exempt until FY 2017-18. From the current FY 2018-19 the same has become taxable w.e.f 1st April 2018. Therefore, in ...

TDS obligation of Individual and HUF

Posted by CA Mehul Thakker 07 January 2019 28453 Views

When Individual/ HUF are required to deduct tax at source under these five sections?Consider the following proviso to section 194A(1):�An individual or a

Calculate your Tax Liability for AY 2019-20 and steps to reduce it

Posted by Guest 28 December 2018 27998 Views

Tax liabilities burn a hole every year in your savings. A massive chunk of your earnings is deducted from your account in the name of taxes. Majority of people ...