Income Tax Articles

Consequences of non-filing and non-payment of Income Tax

Posted by Pratik Rathi 22 October 2019 9596 Views

Indian Tax structure is very much understandable, but confusions arise in the minds of the people due to many reasons. Lack of information and awareness are th...

Did You Invest in These Plans While Saving Tax This Year?

Posted by Guest 21 October 2019 6955 Views

Each and everyone one of us thrives hard to earn money, and we struggle much more to keep that money safe. We look for every nook to try and save even a single ...

3 famous case laws that clarify how to identify a slump sale

Posted by Guest 25 April 2019 31604 Views

The concept of Slump Sale was introduced in the income tax law through section 2(42C) and section 50B in AY 2000-01 consequent to a ton of litigation and ambigu...

ITR 2019-20 : An Analysis of amendments and additional disclosure requirements

Posted by Padmanathan Kv 23 April 2019 19519 Views

CBDT has vide Notification No 32/2019-Income Tax Dated 01/04/2019 released the new ITR Forms for AY 2019-20. While there is no change in ITR-1 (SAHAJ) meant for...

Employers and Employees Beware! Changes in Form 16

Posted by CA Umesh Sharma 19 October 2019 13377 Views

Arjuna(Fictional Character) : Krishna, new format of Form 16 has been notified by CBDT, please throw some light on the same?

Deduction in respect of donations to certain funds u/s 80G

Posted by FCS Deepak Pratap Singh 19 October 2019 7742 Views

The Government has done a lot to remove income d

TDS on Personal Rent u/s 194-IB

Posted by Rishi Jhajharia 19 October 2019 36313 Views

Applicability For those small business which are not liable for tax audit u/s 44ab Personal rent of house for salaried individual claiming HRARate of TDS 5% ex...

Place of Effective Management in India - A Detailed Analysis

Posted by Sneha Lad 13 October 2019 7535 Views

The term 'Place of Effective Management' (POEM) had already been in existence in the Income Tax Act, 1961 ('The Act') for the purpose of application of special provisions for taxing shipping