Income Tax Articles

Is Gross receipt professional income of CA

Posted by Rupesh Srivastava 01 August 2019 22710 Views

On 12th April 2013 ITAT bench held that CA professional income, the service tax realised should have been included in the gross receipts unless paid to Government exchequer within the due date of filing of return. Further ITAT rejects assessee clai

Taxation of Income from Cross-border Interest

Posted by CA Arun Valera 30 July 2019 5074 Views

What is Interest? I asked my students before commencing the discussion on Article 11 of the Model Tax Convention. One of my students got up and sa

Set off loss under the head capital gains

Posted by Suresh Thiyagarajan 30 July 2019 15742 Views

After the introduction of sec 112A, it is important for the assessee to know the various provisions and rules attac

Salary received by NRIs

Posted by Suresh Thiyagarajan 30 July 2019 11291 Views

TDS u/s 192 in case of Non-Resident IndianIt is very common for Indians to work abroad and receive a salary from a foreign company. However, there is still a co...

The Most Transforming Incentive To Start-Ups In The Union Budget 2019

Posted by Ajay Agrawal 30 July 2019 5498 Views

We always find it lucrative to talk about start-ups. But to actually make it real, one need

Does Subscription Fee fall under Royalty

Posted by Sakshi Jain 30 July 2019 6697 Views

Does Subscription Fee Fall Under Royalty?With the increase in the complexity and growing enterprise landscape, a number of IT companies

Search (Raid) & Seizure under income tax act, 1961

Posted by PUSHP KUMAR SAHU 28 July 2019 13716 Views

Search & Seizure action by the income tax department popularly referred to as �RAID� invo

Capital Gain Account Scheme,1988

Posted by Sai Teja Pachipulusu 28 July 2019 20745 Views

Before discussing the concept of Capital Gain Account Scheme let us know who are eligible for claiming exemption & when the exemption can be claimed from ca

Submission of Form 15G & Form 15H to avoid TDS on interest income

Posted by ARUN KUMAR 28 July 2019 8951 Views

1. What is Form 15G and Form 15H?Form 15G and Form 15H are forms which a person can submit to make sure TDS is not deducted on income if that assessee meet the ...