Income Tax Articles

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..

The Direct Tax Dispute Resolution Scheme, 2016

Prabhakar K S 12 December 2016 at 11:44

The Direct Tax Dispute Resolution Scheme, 2016

Taxability of Government Grants - An Analysis

Koushik D C 12 December 2016 at 11:43

Taxability of Government Grants � An Analysis Through this article I have made an effort to give clarity on taxability or otherwise of government grants b

Taxation issue of NRI Returning or Coming back to India

Pankaj Gandhi Jaiswal 09 December 2016 at 11:05

This article was written to address the issue of Non Resident Indian say NRI coming back to India and Facing lot of question related to their taxation and bank ..

Notice from IT dept - Way of Reply

Harshit Kabra (INVESTOR) 09 December 2016 at 11:05

For those who have received demand notice from Income-tax department in connection with Income-tax return for the A.Y. 2017-18 [F.Y. 2016-17].

How to Promote Cashless Economy & Tax Compliance

CA Pradeep Garg 06 December 2016 at 17:24

Individual Tax Payers, cashless transactions by small traders

Demonetization: Why India needs a Rs. 200 note?

Craig Dsilva 06 December 2016 at 17:24

Demonetization: Why India needs a Rs. 200 note

Section 40A(3) disallowance of expense made in cash & its exceptions

CA VIRAL SANGHVI 06 December 2016 at 10:52

This is the income tax provision which disallowed the expenses made in cash exceeding Rs.20,000/-

How rich ones will take benefit of Garib Kalyan Yojna?

CA Umesh Sharma 06 December 2016 at 10:52

Arjuna (Fictional Character): Krishna, Government has taken a huge step for taking out black money from rich people by banning notes of Rs 500 and Rs1000, after..