Income Tax Articles

Concept of Advance Ruling under Income Tax Act' 1961

Tarun Kumar Madaan 22 December 2017 at 11:29

Advance ruling has been internationally recognized as �A more or less binding statement from the revenue authorities upon the voluntary request of a priva

Analysis of Provisions related to tax on Accreted Income of Certain Trusts and Institutions

Tarun Kumar Madaan 19 December 2017 at 11:10

The Finance Act�2016 has brought in a new chapter after Chapter XII-EA of the Income-tax Act, with effect from the 1st day of June, 2016, namely: �&

An analysis on - Income tax reform, tax rewards, tax compliance and social security

Amit Gupta 19 December 2017 at 11:08

To promote the income tax compliance in the country, i would like to suggest one small thing if that can be done it would deter individual tax payers for small ..

Analysis of amendments related to Charitable and religious trusts

Tarun Kumar Madaan 15 December 2017 at 11:14

Finance Act'2017 had made some major changes relating to Charitable and religious trusts. These amendments have far reaching impact on the taxation of Cha

Benefits and Procedure for Registration u/s 80G of the Income Tax Act'1961

Tarun Kumar Madaan 12 December 2017 at 11:16

We have already discussed 'Benefits of Registration u/s 12A of the Income Tax Act' 1961' and 'Step by Step Procedure for Registration u/s

Filing income tax returns for Residents and Non resident Indians

CA. Brijesh Baranwal 09 December 2017 at 12:27

Government of India needs money for its expenses and development activities which is collected in the form of taxes and Income Tax is probably the biggest sourc..

Step by Step Procedure for Registration u/s 12A of the Income Tax Act'1961

Tarun Kumar Madaan 08 December 2017 at 10:36

After sharing the last two articles 'Concept of NGO and Income Tax Provisions' and �Benefits of Registration u/s 12A of the Income Tax Act�1

Gift Taxability Under Section 56 2(VII)

CA Sahil Thakral 07 December 2017 at 12:22

GIFT- In India for an individual and HUF Gift is a very common in Income tax term but to avoid the tax evader Government has made some provision related to this..

Penal Provisions u/s 270A - Important conceptual divergence from earlier penalty provisions u/s 271(1)(c)

Prajjwal Kaushik 07 December 2017 at 12:21

The Hon�ble Finance Minister introduced the new penal provisions u/s 270A by justifying that it will lead to a reduction in disputes between taxpayers and