Income Tax Articles

Section 68 unexplained cash credits

Posted by CA VIRAL SANGHVI 28 December 2016 12605 Views

This is the income tax provision which is added the credit as income which is unexplained

Christmas gift - 6% Profit on Trading through bank

Posted by CA Umesh Sharma 27 December 2016 4050 Views

Arjuna (Fictional Character): Krishna, Christmas is a festival which is celebrated happily all over the world. In this festival Santa Claus gives many gifts. ...

Admissibility of Cenvat credit without Registration

Posted by AKASH PHOPHALIA 27 December 2016 5416 Views

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

Posted by Rupesh Srivastava 26 December 2016 11185 Views

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%

Posted by Koushik D C 23 December 2016 19769 Views

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

Posted by CA. YASH DILIPBHAI HARIYANI 22 December 2016 11514 Views

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

Posted by Koushik D C 22 December 2016 12840 Views

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

Posted by Guest 20 December 2016 4320 Views

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

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

Posted by CA Umesh Sharma 19 December 2016 3965 Views

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

Posted by CA Amrita Chattopadhyay 19 December 2016 3162 Views

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.