Income Tax Articles

Admissibility of Cenvat credit without Registration

AKASH PHOPHALIA 27 December 2016 at 11:14

Cenvat credit admissibility is guided by the provisions framed in this regard in the Cenvat Credit Rules, 2004.

TDS controversies - Top 25 rulings pronounced in 2016

Rupesh Srivastava 26 December 2016 at 11:08

Dear All,We have another 6 days for the wonderful year 2016!! and as Sam Levenson say, "Don't watch the clock; do what it does and Keep going."Ove

Digitalise the receipts and pay presumptive tax at 6% instead of 8%

Koushik D C 23 December 2016 at 10:59

We all are aware of demonetisation in our country which is a fight against black money, ter

A detailed guidance on disclosing income under Pradhan Mantri Garib Kalyan Yojna

CA. YASH DILIPBHAI HARIYANI 22 December 2016 at 10:53

A detailed Guidance on disclosing income under Pradhan Mantri Garib Kalyan Yojna (more popularly known as Income Disclosure Scheme - II)

All about MAT and AMT

Koushik D C 22 December 2016 at 10:53

For the purpose of better and clear understanding of MAT and AMT, I have made the comparison of various related provisions

Digital and Cashless Economy : A New Way of Life after demonetization

Guest 20 December 2016 at 10:42

Digital and Cashless Economy : A New Way of Life after demonetization

Garib Kalyan Yojna, for "Kalyan" of Rich or Poor?

CA Umesh Sharma 19 December 2016 at 15:19

Arjuna (Fictional Character): Krishna, Government has brought up with a scheme to convert 50:50% of black money into white money which will be applicable from 1..

Effect of demonetization and Benami property transaction act, 1988

CA Amrita Chattopadhyay 19 December 2016 at 11:40

It is important to understand the Benami Property Transaction Act along with the Income Tax Act to understand the impact of depositing the undisclosed income.

Presumptive Taxation For Professionals

Koushik D C 15 December 2016 at 11:53

Presumptive Taxation For Professionals The Finance Act, 2016 has inserted the section 44ADA being a special provision for computing profits and gains of profess..

Post Demonetization: Increase turnover decrease tension in IT

CA Umesh Sharma 13 December 2016 at 10:48

Arjuna (Fictional Character): Krishna, central government is taking various initiatives to reduce transactions in cash thereby increasing transactions through b..