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Income Tax Articles


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

Posted by Soumya Laha 21 September 2018 136548 Views

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

Posted by Sivaraman A R 20 September 2018 16954 Views

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)

Posted by Guest 18 September 2018 36202 Views

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?

Posted by CA Nirmit Sharma 18 September 2018 9300 Views

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



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

Posted by CA Vipin Garg 13 September 2018 11659 Views

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

Posted by Deepanshi Bansal 12 September 2018 14857 Views

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

Posted by Sandeep Rawat 11 September 2018 71886 Views

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

Posted by B Vinay Reddy 10 September 2018 17679 Views

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

Posted by Mukesh Kuriyal 03 September 2018 19732 Views

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

Posted by CS Karan B. Khattri 01 September 2018 86437 Views

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...




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