Income Tax Articles

Ways of collection of financial data by IT dept

CA Mayur Todmal 01 March 2018 at 11:05

To curb tax evasion/ suppression of income, the CBDT has taken steps to collect data about taxpayer�s

Last chance to file Income Tax Return for year 2015-16 and 2016-17

CA Umesh Sharma 28 February 2018 at 11:07

Arjuna (Fictional Character): Krishna, the last month of the financial year 2017-18 is about to begin and so is the worries of all the taxpayers, what must a ta..

Guide to obtain stay on Outstanding Income Tax Demand

CA.Sangam Aggarwal 28 February 2018 at 11:07

Every Tax practitioner has to face in case of stay of income tax demands in each case where he is not able to meet the AO's expectations (pun intended)!!On

Income Tax - Centralised Communication Scheme, 2018

CA Pradeep Kumar Rajput 27 February 2018 at 14:00

Income tax department has come up with the Centralised Communication Scheme, 2018 for requiring any person to furnish information or documents for the purpose o..

All about Survey, Search and Raid by Income Tax Department

Soumya Laha 27 February 2018 at 11:05

Usually we always afraid of such things, about which we have not any clear idea. 'Income Tax Survey & Raid' is one of that kind of things. Even many

PNB Scam: Who really pays the bill?

Prajjwal Kaushik 22 February 2018 at 11:23

Glance at some of the Interesting Facts: The Government of India's tax revenues have increased by more than 50 times between the Year 1985 to the year 201

Consequences of Non-Filing of the Income Tax Return

Tarun Kumar Madaan 21 February 2018 at 11:19

I have recently authored blog "31st March'2018: Warning Bell for the filing of the Income Tax Return".31st March'2018: The last date for

194IB - Time Bomb on Landlords and Tenants

CA Pradeep Kumar Rajput 20 February 2018 at 11:07

Finance Act 2017 dropped a bomb on the normal rent paying individuals in the form of section 194IB where an Individual & HUF paying a monthly rent of rs. 50

Know your pay slip and Learn your rights

RevMy Startup 20 February 2018 at 11:05

Raymond Cvikota once said, �Today�s pay slip has more deductions than a Sherlock Holmes novel.� With that said, all that everyone is concerned

Salary less than expected because of TDS

RevMy Startup 19 February 2018 at 11:28

TDS or Tax Deducted at source is a convenient way to pay a percentage of taxes on income. In this article we will deep dive into TDS calculations and online TDS..