Income Tax Articles

Submit Form 15G and Form 15H to avoid TDS on interest income

Posted by Susmita Dutta, CA , CPA 22 July 2019 9525 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 ...

NRI Taxation under the Indian Income Tax Act, 1961

Posted by Bhargav Sai Prasad K 21 July 2019 15330 Views

NRI Taxation under the Indian Income Tax Act, 1961, applies to those earning outside the home country. The income tax rules and perks allowed to them are dras

Multilateral instruments - Treaty abuse

Posted by CA Sandeep Bhatnagar 21 July 2019 5207 Views

OECD AND G20 countries along with developing countries have been working for the development of the �Base Erosion and Profit Shifting� (BEPS) Projec

Commissioner Appeals and Revisions under Income Tax Act, 1961

Posted by PUSHP KUMAR SAHU 20 July 2019 22794 Views

APPEALS AND REVISIONS UNDER INCOME TAX ACT, 1961The Constitution of India gurantees the citizens of the country certain fundamental rights. Therefore , under a...

Angel Tax Relief and the latest DIPP notification for Startups and Investors

Posted by VISHAL BANSAL 20 July 2019 7240 Views

Introduction-Angel Tax Relief vide latest DIPP notification dated 16th January 2019 has provided the exemption from under clause (viib) of sub-section (2) of se...

Deductions under section 80G income tax act, 1961

Posted by FCS Deepak Pratap Singh 13 July 2019 18650 Views

DEDUCTION IN RESPECT OF DONATIONS TO CERTAIN FUNDS, CHARITABLE INSTITUTIONS [SECTION 80G], INCOME TAX ACT, 1961.The Government has done a lot to remove income d...

Tax Planning through a will

Posted by S K Rathi 09 July 2019 11498 Views

Tax Planning for the Creation of a Hindu Undivided Family through a Will One of the important means of tax planning which can be adopted through a Will is the ...

Easy calculation of long term capital gain tax on sale of shares for FY 2018-19

Posted by Prerna Saraogi 07 July 2019 23225 Views

Income from the gain on sale of shares was exempt until FY 2017-18. From the current FY 2018-19 the same has become taxable w.e.f 1st April 2018. Therefore, in ...