Income Tax Articles

Explained: Latest Amendments to Form 3CD

Posted by Vispi T. Patel 04 April 2019 48229 Views

CBDT vide Notification No. 33/2018 amends Form no. 3CD in respect of tax audit under section 44ABIntroduction:The Central Board of Direct Taxes (CBDT) vide Noti...

6 factors that will guarantee your loan approval

Posted by Guest 01 April 2019 12752 Views

How To Get Higher Approval Chances On Loans Every time we apply for a loan, we are faced with the ambiguity of whether or not our loan application would be appr...

4 major questions related to Income from House Property answered with case laws

Posted by Siddharth Sharma 01 April 2019 18999 Views

Income from House Property: 4 Questions and their Answers Income is calculated under the Income Tax Act by aggregating various heads of income which have be...

Extension of due dates, a tool of politics in India

Posted by PRADEEP KUMAR GARG 01 April 2019 17592 Views

Dear Friends,As an accountant in the industry, I realize that the main reason of extension of due dates of filing of tax returns in India almost every year is s...

Tax Audit of Assessee in Share Trading Business

Posted by CA Sunil Kumar 30 March 2019 29803 Views

Understanding is much deeper than knowledge. There are many people who know us, but very few who understand us.Life doesn't allow for us to go back and fix

Heart categorised as Plant for deduction of expense of Surgery!

Posted by Siddharth Sharma 27 March 2019 20719 Views

Income Tax cases are often sordid matters involving deceit, dishonesty and general untasteful behavior. Once in a blue moon though, one may stumble upon a heart...

Unfolding the amendments to the prohibition of Benami property transactions act, 1988

Posted by CA. Milind Sharma 26 March 2019 12093 Views

November 2016 is the most significant event in the timeline of the Prohibition of Benami Property Transactions Act, 1988 [erstwhile The Benami Transactions (Prohibition) Act, 1988],

Taxability of Co Op Housing Society Income

Posted by AKTAssociates 25 March 2019 15836 Views

Every single autonomous substance are liable to tax collection in India. Taxability of Housing Societies is by and la

Please help stressful CAs and Tax consultants

Posted by CA Umesh Sharma 24 March 2019 21687 Views

Arjuna (Fictional Character): Krishna, Lord Ganesha is considered t

Presumptive taxation - An analysis under different scenario

Posted by Sivaraman A R 19 March 2019 16962 Views

This article discusses about the different situations under which an assessee has to maintain books of accounts and conduct tax audit under Income Tax Act with...