Income Tax Articles

Cash transaction which is required to be reported in Form 61A

Posted by RAHUL GANDHI 29 May 2017 35577 Views

Where any person who is liable for tax audit u/s 44AB of the Act needs to report cash transaction in form 61A

Difference between ITR-4 and ITR-4S

Posted by Varsha singh 29 May 2017 18296 Views

ITR filing time is right there on the door so let's understand what is the difference between the two very similar ITR forms...

Income Tax Return forms Applicable for A.Y 2017-18

Posted by ROHIT YADAV 23 May 2017 58192 Views

We will discuss the significant changes made in the ITR forms applicable for AY 2017-18 vis-a-vis AY 2016-17 in this article.

Assessment under Income Tax Act, 1961

Posted by ROHIT YADAV 22 May 2017 377203 Views

We will discuss each type of assessment as provided in income tax act 1961 in detail in this article.

Delay in filing of application for compounding of offences u/s 279

Posted by MOHAN ARYA 16 May 2017 10315 Views

Delay in filing of application for compounding of offences is not valid ground for rejection of application for compounding of offences u/s 279

Provisions regarding quoting of Adhaar in PAN & Income Tax returns

Posted by pradeep goyal 16 May 2017 9663 Views

Notification No. 37/2017 dated 11th May, 2017 issued by Department of Revenue, Ministry of Finance, GOVERNMENT OF INDIA:-

Change in Method of Valuation of Share for Sec 50CA and 56(2)

Posted by NITIN GOYAL 08 May 2017 16254 Views

There will be a change in Valuation Mechanism relating to valuation of unquoted equity shares for the purposes of section 56 and section 50CA of the Income-tax Act, 1961 as per Draft rules issued by CBDT.

TCS Provision at a Glance for FY 2017-18

Posted by CA Shubham Singh 05 May 2017 44438 Views

All TCS Provision such as Rates of TCS, Exemption from TCS, Due date for deposit of TCS, Due date for Filing TCS Returns, Interest on late deposit of TCS etc.

Quick glance at new sections inserted in IT Act 1961

Posted by Mukesh Kuriyal 22 April 2017 27923 Views

Quick glance at new sections inserted in IT Act 1961 with examples

Foreign Taxation

Posted by CA Pradeep Sharma 20 April 2017 14724 Views

Where any payment is to be made to a non resident, the payer is obliged to deduct at source. As per Section 195 of the Income Tax Act, an obligation on the pers...