Income Tax Articles


Introduction to Transfer Pricing

Posted by Nageswara Rao Jammigumpula 07 December 2019 13521 Views

In our recent discussions, we had come across that many of the business people and few of the professionals were not aware/familiar with the TP provisions and the related compliances. This document is intended to provide basic knowledge of the same.



Know all the benefits of approved gratuity trust

Posted by Tikaram Chaudhary 06 December 2019 7715 Views

This article is attempt to give more clarity about the Gratuity Benefits, Factors increasing the quantum of Gratuity Benefits Exponentially and Benefits of Compulsory Insurance/Approved Gratuity Trust for Gratuity Benefits of Employees for Companies with Employee Strength 10 or More.



Do we need to file income tax return if the income is less than Rs 5 Lakh?

Posted by Priya Kashyap 05 December 2019 18664 Views

While presenting Budget 2019, the finance minister mentioned that people earning less than Rs 5 lakhs would have to pay no taxes as they would get tax rebate up...



All about alternate minimum tax

Posted by CA Sachin Agarwal 03 December 2019 21213 Views

Alternate Minimum Tax is a tax that is leviable to normal tax. Know all about alternate minimum tax: applicability, computation, and exemption.



Additional compliances in TDS section 194M and 194N

Posted by Dipak KUMAR 27 November 2019 40292 Views

Individuals and the HUFs, who were not required to deduct the tax will be burdened with additional compliances under section 194M and 194N



All about Section 194M TDS

Posted by CA Sachin Agarwal 25 November 2019 68499 Views

Payment made by certain individuals or HUF for contract work, professional services, commission or brokerage.



All about OIDAR

Posted by CA Sandeep Bhatnagar 17 November 2019 11454 Views

In this hi-tech, age business has undergone major transformation and new methods of transactions have evolved which are fast paced and require little physical e...



Tax Implications where liabilities are paid off By way of book adjustment

Posted by CA Kanika Mittal 13 November 2019 19552 Views

As per provisions of Section 40A(3) Where the assessee incurs any expenditure in respect of which a payment or aggregate of payments made to a person in a day,...



Preferrable Income Tax Strategy for the development of the country

Posted by Kishore 05 November 2019 6422 Views

In this article I am proposing an Income Tax Strategy that I feel will ultimately lead to the overall development of the country and promote an inclusive growth.



No income tax on total income upto Rs. 5 lacs- True or False?

Posted by Soumya Laha 04 November 2019 18500 Views

Nowadays people are discussing about a news that no income tax is required upto Rs. 5 lakh. Even some people think that they do not need to file income tax retu...




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