Income Tax Articles

TDS default on payment to Non Resident

MANSHI BAID 18 April 2017 at 11:19

DISALLOWANCE IN RESPECT OF TDS DEFAULT ON PAYMENT TO NONRESIDENT/FOREIGN COMPANY

Presumptive income scheme for professionals - An insight

CS Advocate Abhishek Goyal 17 April 2017 at 11:28

The Finance Act 2016 has introduced a new presumptive income scheme for professionals by inserting a new section 44ADA into the Income Tax Act, 1961.

5 Smart Ways to Save Tax on Your Wise Investments

Member (Account Deleted) 17 April 2017 at 11:27

Generally, people invest their hard-earned money in order to enjoy the investment benefits.

New Income Tax Rules - What you must know?

Vikas Singh Gusain 11 April 2017 at 11:38

What You Must Know New Income Tax Rules?

CBDT press release on cash transaction u/s 269ST - A contradictory view

Radhakrishnan K.V. 10 April 2017 at 11:01

CBDT press release on Section 269 ST which states that there is no restriction for withdrawal from Bank Deposit is not in consonance with the Section.

PAN without Aadhaar is invalid PAN

CA Sachin D Jain 10 April 2017 at 11:01

If you do not have Aadhaar Linked to PAN, PAN will be deemed to be invalid. Hence, from 1st July, 2017, PAN will go along with Aadhaar in order to be valid.

Major updates in ITR Forms for AY 2017-18

Anand Satyapanthi 06 April 2017 at 11:24

IT Department has reduced the number of ITR Forms from 9 to 7. ITR-2 will subsume the existing ITR-2, ITR-2A and ITR-3

Nine major changes in the New income-tax returns

CA Umesh Sharma 04 April 2017 at 11:17

Arjuna (Fictional Character): Krishna, the Income Tax department has introduced the new forms for filing the income tax Returns in the financial year 2016-17. T..

Waiver of interest charged u/s 201(1A)(i) of the Income Tax Act 1961

MOHAN ARYA 04 April 2017 at 11:17

Waiver of interest charged u/s 201(1A)(i) of the Income Tax Act 1961

Details to be filled in new ITR 1 Sahaj

CA Neha Agrawal 03 April 2017 at 11:28

New ITR form- ITR 1 Sahaj The new ITR form for the AY 2017-18 has been introduced. It is simpler than the previous version and has fewer columns to be filled.