Income Tax Articles

Clubbing of minor income

CA SUNIL K GARG 27 January 2017 at 13:58

In the present article the author has explained the provisions relating to clubbing of Minor Income.

12 FAQs for Pradhan Mantri Garib Kalyan Yojana, 2016

Amitav 25 January 2017 at 10:50

Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib Kalyan Yojana, 2016.

Budget 2017-18 : Why taxation of salaried income needs a makeover?

Rupesh Maheshwari 24 January 2017 at 10:57

Come Feb 1st, and Finance Minister Arun Jaitley presents the Union Budget 2017-18. The middle class, especially the salaried, which stood by the government

Penalty Provision Under Section 271 (1)(c) of Income Tax Act 1961

MOHAN ARYA 24 January 2017 at 10:57

Penalty Provision Under Section 271 (1) (c) of Income Tax Act 1961

Parade of people depositing cash above Rs.10 Lakhs

CA Umesh Sharma 24 January 2017 at 10:57

Arjuna (Fictional Character): Krishna, 26th January i.e. our Republic Day is coming closer. On this day, the unity and the strength of our country is represente..

Appeal to commissioner of income tax (Appeals)

Arti Agarwal 16 January 2017 at 11:12

A fresh memorandum of appeal signed by the legal heirs must be filed before the Commissioner (Appeals) where the assessee is the appellant so that the legal heirs are brought on record.

Mentioning PAN for the banking and monetary transaction

Amitav 12 January 2017 at 11:18

Mandating PAN in the banking transactions is a very impressive step by the Govt of India. This will help to monitor the flow of transactions made by each person.

Analysis of Section 44AD Presumptive Taxation

akanksha 12 January 2017 at 11:18

Profits and gains of business on presumptive basisSection 44 AD(1)Notwithstanding anything contained in Sec. 28 to Sec.43C (that means deduction under these sec..