Income Tax Articles

Registration of charitable trusts u/s 12A of the IT act, 1961

Posted by CA SATISH KUMAR N 08 June 2018 67655 Views

Section 12A registration under the Income Tax Act, 1961 is one time exemption obtained by most Trusts, soon after incorporation for exemption from paying income...

How to surrender PAN?

Posted by CA Chetan Vispute 07 June 2018 25438 Views

https://youtu.be/McxUdIDrI0wProcess to surrender PAN?Offline Process to Surrender Duplicate PAN card: Step 1:Fill up Form 49A for Change or Correction in PAN, ...

Evolution of Direct Tax code in India

Posted by Kartikey Jain 06 June 2018 8070 Views

The Direct Taxes Code (DTC) is an attempt by the Government of India to simplify the direct tax laws in India. DTC will revise, consolidate and simplify the str...

How does Cost inflation index determine Capital Gains?

Posted by prateek 06 June 2018 6837 Views

Section 45 of Income Tax Act says any profit and gain arisen on Transfer of a Capital Asset

Benami Transactions Informants Reward Scheme 2018

Posted by Hitesh 05 June 2018 9827 Views

The central board of direct taxes(CBDT) has introduced the reward scheme for informants giving information of

Section 87A: Income Tax Rebate of Rs. 2500

Posted by Prajjwal Kaushik 04 June 2018 15948 Views

As per the Section 87A of the Income Tax Act, 1961:�An assessee, being an individual resident in India, whose total income does not exceed [three hundred

Importance of Form 26AS for Filing Income Tax Returns

Posted by Harshitha 02 June 2018 15560 Views

If you are a professional, business owner, or a salaried individual in India, you will by now be well aware of the importance of Form 26AS while filing income t...

Insolvency and Bankruptcy Code - The Progress So Far

Posted by CS Avinash Godse 31 May 2018 8500 Views

Introducing a modern bankruptcy framework is one of the most significant reforms put in place by the Gove

Impact of budgetary provisions of Finance Act on the real estate sector

Posted by CA Nitesh Mukadam 31 May 2018 5309 Views

Any transaction of the property whether it is held as a capital asset or stock in trade should not be traded below the stam

Gear Up for Income Tax Return Filing for A.Y 2018-19

Posted by Tarun Kumar Madaan 24 May 2018 18322 Views

The income tax department has released E-filing utilities of ITR 1, 2, 3, 4, 5 and 7 for AY 2018-19. These are available at www.incometaxindiaefiling.gov.in for...